Man United may not have enough cash to buy players this summer

VIỆT HÙNG |

In the transfer period, Man United is expected to buy a lot to reform the squad, and is facing financial problems.

Man United's cash reserves (liquidity) are only 73.2 million pounds in the third quarter of 2024, despite Sir Jim Ratcliffe having previously pumping in 238.5 million pounds since becoming the club's owner. According to the latest financial results released, the latest cash reserves of the Old Trafford team have decreased by 22.5 million pounds until March 2025.

This could hinder Man United's ability to make a move away from home this summer. After Matheus Cunha, the team's leadership continues to support Ruben Amorim in bringing Ryan Mbeumo to Old Trafford.

When buying Cunha for £62.5 million, Man United wanted to contribute 5 times in 5 years. However, Wolves did not agree and forced the opponent to pay 3 times in 2 years. According to the business results of the third quarter of 2024, Man United can still borrow an additional 90 million pounds with a credit rotation mechanism. However, if he does this, the team's debt will increase to 713,2 million pounds.

Tinh hinh tai chinh cua doi chu san Old Trafford van co nhieu bat loi du da that chat chi tieu. Anh: AFP
The financial situation of the Old Trafford team still has many disadvantages despite tightening spending. Photo: AFP

Man United's pre-tax loss as of March 2025 is 54 million pounds lower than the same period in 2024. In March, Sir Jim Ratcliffe announced that Man United could go bankrupt this Christmas if they do not carry out a global cost-cutting campaign for items, notably cutting 450 jobs.

Sir Jim revealed that if Man United do not buy any players this summer, they will continue to have to scan their accounts to pay up to £89 million to pay for existing contracts in the first team (contributed) such as Rasmus Hojlund, Casemiro and Andre Onana. According to the results of the third quarter of 2024, Man United spent 195.6 million pounds on intangible assets, mainly player transfers.

Despite unfavorable financial results, the club remains committed to the Premier League's Profit-Rising and Sustainable Development Regulations (PSR) and UEFA's Financial Fairness Regulations (FFP). After the spending tightening campaign is launched, in the 2024-2025 season, the team's expected revenue will range from 660 - 670 million pounds or more.

Sau chinh sach that chat chi tieu, Sir Jim Ratcliffe dang giup Man United tranh duoc vien canh pha san. Anh: AFP
After a policy of tightening spending, Sir Jim Ratcliffe is helping Man United avoid the prospect of bankruptcy. Photo: AFP

However, the income from the broadcasting right to the end of March has dropped 49.1 million pounds due to not participating in the Champions League, plus the weak achievement in the Premier League. The club's salary also decreased by £ 42.6 million compared to the same period last year, somewhat a big cause from lending many players like Marcus Rashford, Antony and Tyrell Malacia. Man United's salary fund as of March 31 is lower than 15% compared to 2023-24 and at the lowest level so far from the season from 2019-20.

Of the listed spending, Man United paid an additional £2.7 million for special fees. One of the expenses in this spending list is to pay senior leaders when they leave office.

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