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Man Utd FFP situation explained as £31m transfer kitty revealed before deadline

opera.com 4 days ago

According to Manchester Evening News, Manchester United have approximately £31 million remaining in their Profit and Sustainability (PSR) budget as they approach the end of the current financial year on June 30.


The Red Devils are gearing up for a busy summer transfer window following a disappointing 2023/24 season, which saw them finish in eighth place, their lowest Premier League position ever. They also ended the season with a negative goal difference (-1) for the first time in 34 years and suffered a record number of Premier League defeats (14).


Despite these setbacks, United concluded their campaign on a positive note by clinching the FA Cup with a victory over Manchester City. Erik ten Hag's future as manager had been uncertain but was confirmed after an end-of-season review conducted by Sir Jim Ratcliffe on June 11.


While United may not make immediate moves before June 30, they have flexibility to make signings if desired, which could alleviate financial pressures heading into the next fiscal year.


Dave Powell, Sport's Business of Football Writer at Reach, commented on United's financial standing: "United have £31m left in their PSR position, based on estimates for the current financial year ending June 30. They can amortise significant transfers like Branthwaite's potential £80m fee over up to five years, allowing them room to maneuver."


He added, "Any proceeds from player sales can be immediately recorded, while transfer expenditures are spread over a longer period. This flexibility means United can potentially increase their bids."


With £31 million still available, United are poised to make strategic moves in the final days of the transfer window. Strengthening the center-back position is a priority, while securing a new center forward remains high on their agenda. Players like Bologna's Joshua Zirkzee, who impressed in Serie A last season, are among those linked with a move to Old Trafford, alongside targets like Ivan Toney and Jonathan David.

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