Overspending in the past two years may affect Man Utd’s transfer plans in the near future.
Man Utd confidently complies with Premier League financial regulations, even though being eliminated from the Champions League cost them at least £25 million in revenue. However, the team will consider letting go of some extra people to raise funds in January.
Recently, Everton was deducted 10 points for violating Financial Fair Play (FFP) and Man Utd’s financial situation will be monitored for the next 3 years, starting from the 2023/24 season.
Previously, Man Utd had a loss of 150 million pounds in the 2021/22 season and a loss of 33 million pounds last season.
The Red Devils are in “constant dialogue” with the Premier League and UEFA about their financial situation. The penalty that the Premier League imposed on Everton made every team pay attention. Although Man Utd believe they are currently complying with those rules, a source said there would be “no flexibility” from UEFA’s side.
Thus, this is a pivotal season for Man Utd to make transfer calculations to balance the budget.
Being eliminated from all European cups gives Man Utd the opportunity to cut down on their squad from January. They will continue to pay surcharges for players who have played in the Champions League and in the second half of the season, the Devils said. Red only plays in the Premier League and FA Cup.
Donny van de Beek and Jadon Sancho are counting the days of leaving Old Trafford. They are no longer part of Erik Ten Hag’s plans. In particular, Sancho is earning a salary of more than 350,000 pounds/week and pushing him away will help Man Utd’s books ‘lighten the load’ somewhat. Reports say a permanent sale is unlikely in January, but they may be able to “cut” Sancho on loan.
In addition, Raphael Varane, Casemiro and Anthony Martial are also on Man Utd’s transfer list. They are surprisingly players who have lost form since the summer. Martial’s case may be considered first, when his contract will expire in the summer of 2024. Other clubs will be free to negotiate with Martial from January, so Man Utd needs to make efforts to find a solution. out for the French striker to avoid losing everything.
It is expected that early elimination from European tournaments will affect Man Utd’s transfer budget next summer. That could be affected more if Man Utd cannot break into the top 4 this season. When the club’s revenue has gradually recovered after Covid, having a place in the Champions League helps them ensure financial revenue.
In the future, Sir Jim Ratcliffe and investments from INEOS will help strengthen Man Utd’s financial potential, but the money from Sir Jim is expected to be put into repairing the stadium, renovating the training ground, rather than simply focusing on transfer work.