Jim Ratcliffe warns over-regulation could ‘ruin’ Premier League

Sir Jim Ratcliffe says he understands why Manchester City are challenging the Premier League’s financial rules.Pic: Peter Byrne/PA

Manchester United co-owner Jim Ratcliffe understands why rivals Manchester City are challenging Premier League financial rules, and warned the competition faces “ruin” if regulation goes too far.

City are suing the league over its associated party transaction (APT) rules, which are designed to ensure commercial deals linked to a club’s ownership are done for fair market value.