LONDON: Manchester United have likely taken a bigger financial hit from the COVID-19 pandemic than their rivals and it is unclear what funds will be available to sign players in the next transfer window, manager Ole Gunnar Solskjaer has said.
United withdrew their annual financial targets in May after losing about 23 million pounds ($28 million) in quarterly revenue due to the season being temporarily suspended because of the coronavirus crisis. The Premier League restarted this month but fans have been barred from attending games, and Solskjaer said United, who also have 429 million pounds in debt, would adopt a cautious approach to spending. “We’ll have to take a big look at things ourselves to see how hard we’ve been hit,” Solskjaer said.
“It’s not for me to say we are going to have X amount because I don’t really know. We are a financially strong club, but we are also probably being hit more than anybody else.” “Let’s see how quickly we can get our fans back into the stadium,” Solskjaer added. (Reuters)
