The Premier League is introducing new squad cost ratio financial rules, and it could help Manchester United raid Newcastle this summer.
Premier League fans will be well aware of the current PSR (Profit and sustainability rules) which have become such a hot topic in recent seasons.
From the start of the 2026/27 season, though, the Premier League is introducing the squad cost ratio rules which allow clubs to spend up to 85% of their revenue on transfer fees, wages and agent fees.
United’s latest revenue was £667m, so Ineos are in a strong position to spend big in the upcoming summer transfer window.

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Newcastle forced to sell big players under new SCR rules
While Manchester United find themselves in a strong financial position heading into the summer, the same cannot be said for Newcastle, who are facing a Uefa fine.
United have been linked to Sandro Tonali, and there are also reports of interest in Lewis Hall.
According to The Chronicle, Newcastle know they must sell their top players this summer to balance their books.
Newcastle sold their own stadium to loophole the financial rules, but that deal was rejected by Uefa and a fine is now expected to be handed out at St James’ Park.
Tonali and Hall will be two of the names potentially on the market, and that means United can swoop for two of their top targets.
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Man Utd’s spending power under new SCR rules
Now that United have secured Champions League qualification, Ineos will be aware of the transfer budget for this summer.
The Champions League provides a £100m boost to revenue, and that will provide a huge boost to United’s spending power.
A football finance expert predicted that United can spend £150m this summer, but sales of players like Marcus Rashford, Rasmus Hojlund and Andre Onana could add to that budget.
The new SCR rules state that United can spend up to 85% of their revenue, but the same UEFA rules cap spending at 70%, so Ineos will have to take that into account.
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