How are Manchester United able to afford Sesko?

How are Manchester United able to afford Sesko?

Images courtesy of Getty

The financial state of Manchester United has not been encouraging, whether it has been related to a string of redundancies or staff members getting free lunches.

Fans will be unsure of how to pay for the purchase of RB Leipzig striker Benjamin Sesko as part of their £200 million summer offensive renovation.

The solution lies in some deft funding of their in- and out-of-town summer transfers, as well as in some exaggerated death reports.

Football catches a cold, according to Kieran Maguire, a renowned expert on football finance.

The biggest brand of English football, according to the company. Although the redundancies appear severe, Ineos’ business model allows for that, as it has been done elsewhere. We must wait and see if it will work in football.

Even though co-owner Sir Jim Ratcliffe claimed earlier this year there was a chance the club would go bust by Christmas without significant cost-cutting measures, United sources have previously explained to the BBC’s chief football news reporter Simon Stone how it is possible for them to reach a deal on Sesko.

The payments for the total £130 million summer deals between Matheus Cunha and Bryan Mbeumo from Wolves and Brentford, respectively, have been made in a favorable way.

Any Sesko deal is likely to be done in the same way, with the player receiving payment over the course of their contract.

Marcus Rashford’s entire £325, 000-per-week salary is being covered by his Barcelona loan, and Manchester United received £5 million from Chelsea after the Blues cut a deal for Jadon Sancho.

Some of the scare stories were exaggerated, they claimed.

Jim Ratcliffe pictured at the Europa League final against TottenhamImages courtesy of Getty

Before the end of the window, they will also target the sale of Alejandro Garnacho and other academy players like Mason Greenwood and Scott McTominay, both of whom they sold last summer.

“They will recover that by selling players in the bomb squad,” Maguire said. “Even if their signings come in at £200 million, it is £40 million a year.

United is still a commercial juggernaut despite their struggles on the pitch, including a lowest finish in the Premier League era last year, and also raised money by reaching the Europa League final last year.

The club announced an increase in annual core profit forecasts of £180 million to £1190 million in June from an earlier projection of £145 million to £1160 million.

United’s offer for Sesko could reach $ 73.8 million, but it also includes a £65.25 million guarantee. If they pay for the 22-year-old Slovenian, they will have spent the most money overall this summer, which is third highest in the Premier League after Liverpool and Chelsea.

According to Maguire, “some of the scare stories from a few months ago were perhaps a little overblown.”

Man Utd is still a successful company despite not being as successful as they would like to be. For instance, their wage is about half of what Premier League standards would call it.

After Ratcliffe claimed United was about to run out of money this year, this is all.

Man Utd are “not in a position that Liverpool or Chelsea are.”

Bryan Mbuemo (centre-left) and Matheus Cunha (centre-right) Images courtesy of Getty

Ratcliffe claimed that for the past seven seasons, the club had spent more than it had earned due to rising costs.

He said, “Ultimately, if you spend more than you earn, you’ll end up in ruin.”

He did, however, mention that United would look to invest in players during this transfer window.

What is the best way to spend your money? Do you want to use it to run the club or to train the squad?

Instead of spending our money on, I’m afraid, free lunches, what we want to do is invest in the best players in the world.

However, at Old Trafford, things aren’t entirely rosy.

Ruben Amorim will need to sell first if Sesko wants to buy out his squad’s future reinforcements before making any changes.

The club lost £131m in the 2023-24 financial year. Even though a significant portion of that was paid for by the Ineos takeover, which is not included in PSR, it is still not representative of a club in poor health.

Man Utd can’t spend as much as Chelsea and Liverpool, Maguire claimed. Man Utd are not in as good a position among the big six.

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Source: BBC

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