Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Manchester Evening News
Manchester Evening News
Sport
Dan Brown

Manchester United makes Financial Fair Play admission as club issue update on takeover

Here are your Manchester United evening headlines on Sunday, January 8.

United drop Financial Fair Play hint over transfer plans

Manchester United are determined to remain "financially disciplined and compliant with FFP rules" after football director John Murtough again said January would be a quiet transfer window.

Speaking to a fans' forum last month, Murtough gave an update on transfer plans but raised the spectre of Financial Fair Play as one reason why United were looking at a loan signing for a striker this month.

ALSO READ: United make decision on Charlie McNeill amid Wout Weghorst pursuit

The club went over their initial transfer budget in the summer when they spent £225million on new players, including a £70m deal for Casemiro and an £85.5m move for Antony in the final couple of weeks of the window.

Since then sources at Old Trafford have urged caution around forthcoming windows, insisting that level of spend won't be repeated and a quiet January was expected until the departure of Cristiano Ronaldo.

Click here to read the full story.

United issue takeover update and send message to fans

Manchester United chief executive Richard Arnold is confident attempts by the Glazers to seek new investment or sell the club will help fund redevelopment at Old Trafford and Carrington, as well as helping to 'build a winning team'.

Arnold also insists United supporters will be at the heart of any takeover and he will be advising any prospective new investors of the value of engaging with fans.

The Glazer family have put the club on the market and their controversial 18-year reign as owners could come to an end. While they are open to new investment, there is a feeling the process is likely to lead to a full takeover at some point.

They have appointed The Raine Group to oversee the process and a sale could be in place before the end of this season. The American investment bank led the sale of Chelsea to the Todd Boehly-Clearlake Capital consortium.

Click here to read the full story.

READ NEXT:

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.