Ratcliffe may be many things but putting in an initial £1.2b with a commitment to invest a further £237m may not be quite in the skinflint bracket. He completed the final £79m investment in mid December taking his share in the club up to 29%. This £79m is unlikely going on transfers though.
The club needs to address a number of financial issues and owners' ability to bail out clubs is more limited these days with the PSR criteria. The headlines from their November figures are that :
Clubs owe them £94m in transfer fees ( all in installments)
They ow clubs £413 million in transfer fees ( all in instalments)
Of the above some £200m is due in the summer
£714m of financial debt.
Commercial revenue down 5% (been declining in real terms since 2016).
Broadcast revenue down 20% (£8m) with no UCL.
The cost of their squad goes through the £1 billion total for the first time £1,028,94
Large capital issues with the stadium
Some of this can be offset by a) ideally winning the Europa League b) getting to the final or semi final
Qualifying for Europe , top four and therefore the CL looks out but there is the route above or finishing 5/6/7 or winning the FA Cup
Selling players, selling youth players is better for amortisation and Rashford fits that.
Reducing salary costs by selling players or releasing players at end of contracts or possibly renegotiating contracts
Ratcliffe has already cut the Xmas bonus and party for staff, laid off 250 , increased tickets prices including those for people with disabilities, and ended donations to the player's charity.
It is possible for the club to buy however they will probably need to sell or have agreements to sell. They can offer longer contracts with bonuses to offset annual costs but that will mean buying younger players or those under the radar rather than older more well known players.
Here is the players' wage bill to peruse:
Here's a site that evaluates players' transfer values although its always the market that decides
Man Utd at a glance: The compact squad overview with all players and data in the season Overall statistics of current season.
www.transfermarkt.com