Manchester United's UEFA and Premier League financial fair play rules explained

Manchester United are on the verge of beginning their new Premier League campaign but financial issues continue to loom over the football talk.

Since November, the Reds have been waiting upon news regarding the takeover of the club from the Glazers. While two candidates have managed to distinguish themselves as frontrunners to buy the club, United are still no closer to being sold.

This has led to United being wary in the transfer market with the threat of Financial Fair Play (FFP) curtailing Erik ten Hag's plans to spend big. But what is FFP and how does it work? MEN Sport has taken a look at exactly what it all means.

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In simple terms, FFP was brought in to create a level playing field for clubs to compete against one another in both Europe and domestically. Its aim is to prevent clubs from spending outside of their means to fund success.

FFP rules keep a check on many aspects of club's finances to ensure they are funding themselves within the laws. One way they do this is by making sure only a certain amount of money is spent on their playing squad.

UEFA is reducing how much of a club's turnover can be used to fund wages, transfers and agents' fees to 70 per cent by the 2025/26 season. In November, the Premier League announced English clubs will be allowed to spend a higher percentage but because the Reds are in Europe, they are likely to remain inside UEFA's rules.

The transfer window is in full swing and United have got their hands on three players well in advance of the September 1 deadline, with Rasmus