United, Inc: Squad Cost Rati-oh!

No Question About That - a Manchester United podcast

Studio 1878

Sports, Soccer

4.7 • 1.1K Ratings

🗓️ 26 November 2025

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

#941 | Jamie and Ed break down the Premier League’s newly approved financial regulations - rules that will reshape how every club spends, invests, and strategises. They outline the new financial framework, focusing on the Squad Cost Ratio and how it caps total spending on wages, amortisation, and agents' fees relative to club revenue. We analyse how these changes mirror UEFA’s own rules and why the league is pivoting toward a more standardised, long-term model of financial control. The pair explore what this means specifically for Manchester United - from wage-bill management and transfer flexibility to projected revenues, the need for player trading, and the club’s ability to refresh the squad under new constraints. There’s discussion of potential loopholes, how clubs may attempt to game the system, and what enforcement could look like as the Premier League attempts to restore credibility. The episode wraps with a look at United’s structural changes, including the arrival of a new head of senior scouting. 00:00 Introduction 02:20 Premier League’s New Financial Rules Explained 06:48 How Clubs Will Adapt Their Spending 10:26 United’s Financial Health & Future Projections 12:37 Player Trading, Wages & Squad Management 25:50 Penalties, Loopholes & Rule Enforcement 38:24 Closing Thoughts If you are interested in supporting the show and accessing a weekly exclusive bonus episode, check out our Patreon page or subscribe on Apple Podcasts. Supporter funded episodes are ad-free. NQAT is available on all podcast apps and in video on YouTube. Hit that subscribe button, leave a rating and write a review on Apple or Spotify. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Hey Harry.
0:00.7	Hello mate.
0:01.5	Got any tips for the football?
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0:04.9	They're giving new customers a terrific welcome offer. If you bet a minimum of £10, they'll give you £30 in three bets. Oh, that's a steel of a deal. It's a good darn deal that'll make your squirrel for real. Neil? My name's not Neil. I know, bet it rhymes. Listen to Harry and make your best bet on the football at Betvictor.
0:23.4	18 plus opt in and bet on any football marketing at odds of evens or greater no, cash out seven-day expiry terms and conditions apply at gamblerware.org. Hello, Gordon Smart here from whistleblowers football's most original new podcast. Each week, I'm joined by Ian Ladieman and Mark Clattenberg. Do you want to put a bet on? I went, yeah, 4-1 Chelsea. It'll be there a minute stick 20 quid on.
0:38.0	Sure on. podcast. Each week I'm joined by Ian Laderman and Mark Clattenberg. Do you want to put a bet on?
0:56.7	I went, yeah, 4-1 Chelsea. I'll be there a minute, stick 20 quid on. Sure enough, Chelsea 1-4-1. Give me the bed and slip and she just looked to me and I didn't put it on. If we don't stop it, it's going to get worse till the end of the season because why did all these clubs bringing set piece coaches to manufacture the way the rules are written to benefit
0:55.8	their own clubs. Whistleblowers,
0:58.1	available wherever you get your podcasts. Welcome to no Question about that.
1:28.9	This is United Inc.
1:29.9	Our, well, I was going to say weekly, monthly, sometime financial podcasts with Jamie,
1:37.4	also known as subprime goals or the director's inbox.
1:40.4	You've got a new substack out there, Jamie.
1:42.7	Yeah, trying something a little bit different,
1:45.2	broadening the horizons beyond just United, trying to make, you know, it digestible, I think,
1:53.3	for all fans, but then also, you know, a little bit like I've been doing with United,
1:59.3	putting a bit, I think, further insight pieces out
2:01.7	there. And that's definitely a goal looking at some forecasts of other clubs beyond United
2:06.5	because there's a lot of, there's a lot of interesting stuff going on in the world of football
2:12.0	beyond United. I think, you know, we are a special case just in terms of how much is going on around the business, including the footballing side.
2:24.0	And yeah, you know, like I was actually asked to speak on a panel recently regarding some of this stuff.
	...

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