Manchester United set record straight on summer plans amid takeover speculation

Manchester United will reportedly not splash unnecessary cash in the summer even if the big-money Qatari takeover goes through.

That is according to sources at ESPN, who have suggested there will be no “extravagant spending” regardless of the outcome of the current bidding process.

Supporters have been kept well in the loop of the situation at Old Trafford and know of two parties that will table formal bids to buy out the Glazer family; one is from INEOS’ Chief Executive Officer Sir Jim Ratcliffe, whilst the other is from Qatar-based Sheikh Jassim Bin Hamad Al Thani. There is other concrete interest in the mix that is yet to be confirmed.

Erik ten Hag’s financial backing so far

Erik ten Hag bolstered his squad with five permanent signings across his first transfer window, totalling over £200 million, all of which have been instrumental to the team’s outstanding progress and form throughout the campaign.

In January though, Ten Hag was left shopping on the loan market despite a crucial need for a new No.9. He did acquire striker Wout Weghorst on loan but the Dutchman has failed to hit the ground running, though his efforts in the squad have proven useful.

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