The Real Reason Manchester United Are Balking At £108M For Jadon Sancho #mufc #glazersout https://www.americanreddevils.com/the-real-reason-manchester-united-are-balking-at-108m-for-jadon-sancho/

The real question the press should be asking is — can Manchester United afford Jadon Sancho given their current financial position, exasperated by COVID-19 and the uncertainty around future matchday revenues at Old Trafford?

#mufc dodged a severe cash crunch by making top 4. ~£85M from UCL gives United some flexibility, but given their revolver is over 90% drawn they have little room to work with on the downside. In our projections, they will hit a low of £73M in cash in 3Q FY21 (March 2021).

Anything lower than £40-50M on the books at #mufc, especially with COVID-19, is cutting it way too close. If you accept £40-50M as a floor for the club’s cash balance, then Eddy only has £20-30M in net spend to work over the next year without raising funds selling players

So how can Manchester United Afford Jadon Sancho for £108M? The deal would be heavily structured, with ~£60-70M upfront, and the remainder of the fee paid over the next two years. If Eddy could offload some players and raise £30-40M, he could be in striking distance.

Unfortunately, Eddy’s top concern at the moment is not Jadon Sancho, it is managing the downside risk of COVID-19. The club did not prepare for this crisis and they have found themselves in a situation where they need to be conservative with cash, and by extension their transfers

The financial picture painted in our projections is in line with what sources close to Woodward have confirmed. The Sancho deal can be done but it would be a stretch financially for the club. If Sancho is done then no other deals can be made.

It's a joke that the journalists in the UK with the closest ties to the club don't report on the financial shit show at #mufc. The filings are public for all to see! and they avoid the topic to kowtow to the Glazers and Ed Woodward narrative.

The Glazers treat this club worse than a run-down used car dealership and it will only get worse! Their actions will continue to affect the performance of the greatest team in world football for many years to come – its time to get these clowns out of our club. #glazersout