Manchester United News

The biggest concern, Manchester United with its sights on the financial aspect

Man Utd don't have much money to spend in the January transfer window.

By Angus Barnes

Man Utd don't have much money to spend in the January transfer window.
Man Utd don't have much money to spend in the January transfer window.
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At a time when Manchester United's finances face fresh scrutiny, it is hard to overlook just how much money they have squandered in recent years. Financial Fair Play and Profitability and Sustainability rules are the hottest topics of conversation, and despite declaring record matchday, broadcasting and commercial revenues this week, United still had a net loss of £25.8 million.

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In a week that saw both Everton and Nottingham Forest charged with breaching Premier League rules, finance in football has rarely been as big an issue as it is now. United are wary of what business they can do amid the very real threat of fines, points deductions and other sporting sanctions. United insist their hands are tied with regards to how much business they can do this month, yet in homage to Houdini, it was themselves who tied them in the first place.

The club has focused on trying to improve their financial situation this month, with the loan exits of Donny van de Beek and Jadon Sancho having helped the situation, while Sergio Reguilon saw his loan deal terminated early. United are trying to lay the foundations for a seismic summer of change in their first under Ineos but it is hard to have too much sympathy for a side that has already invested £400 million under Erik ten Hag.

The Glazers obviously have to take the brunt of the blame for their villainous running of the club, which has seen them continuously profit despite negligence on the pitch. This week it was revealed that United, rather than the Glazer family, paid Raine Group $31.5 million to help facilitate Sir Jim Ratcliffe’s bid to buy a 25 per cent stake in the club. However, while the rotten roots of the club stem back to the Glazer family, there is still a valid point to be made that United have squandered much of the transfer budget that they have been given.

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The departure of Jadon Sancho

Sancho's exit to Dortmund sums up a club that chased a star signing without any real plan on how to get the best out of him, and while the player must take much of the blame, United also played a role in the situation. What is most alarming, though, is that these same issues have been repeated since then. Antony was previously only valued at £25 million by club scouts but a year or so later, they sanctioned an £86 million deal on him. He's barely justified the lower fee, nevermind one over triple as much.


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