As the clock struck midnight on July 1, six Manchester United players saw their contracts expire, slashing approximately £42m from the club's yearly wage bill.
The conclusion of the 2023/24 PSR window on the same night has given Sir Jim Ratcliffe more leeway to make his regime's first signings.
It is believed that United have adhered to the Premier League's Profit and Sustainability Rules (PSR) over the past year. However, while Ineos have been active behind the scenes, they were certainly held back from making solid moves in the initial weeks of the summer transfer window.
Now, with the arrival of July, the window for European clubs has opened, and Euro 2024 and Copa America are nearing their end, business is expected to pick up across the Premier League soon, and Old Trafford is anticipated to be a particularly bustling centre for transfers. READ MORE: United given green light to target eight players READ MORE: The nine United players who have officially left Old Trafford Not only has the start of a new PSR window eased some of the financial strain on United, but the departure of six first-team players from the club's wage bill will also contribute significantly.
Read more on manchestereveningnews.co.uk