Skip to main content

Manchester United take out £140million loan in summer transfer hint



United, therefore, have drawn £140m of their £150m syndicated revolving credit facility (RCF) in a hint they could be preparing to spend big in the transfer market. The MEN understands United intend to press ahead with their plans to sign three players this summer.

The club said it precautionarily drew funds from the RCF to increase its cash position, preserve financial flexibility and maintain liquidity during the crisis.


Despite the virus and the suspension of the Premier League, United are targeting a number of additions before the start of the 2020/21 season with their prime target being Borussia Dortmund winger Jadon Sancho.


A fee for the 20-year-old could exceed the club record £89.3m paid for Paul Pogba in August 2016, with Dortmund having a hefty asking price on the England international.

United are also interested in signing Aston Villa captain Jack Grealishand Birmingham City teenager Jude Bellingham.


Labels:

Comments

Post a Comment

Popular posts from this blog

The Real Winner of the Democratic Debate: President Obama   More Sanders Snarks as Democratic Debate Gets Heated Democratic Candidates Court Black Voters at Debate Clinton and Sanders Walk a Careful Line on Women at Debate There were only two Democrats on the debate stage in Milwaukee on Thursday night, but they should have brought a third podium for President Obama. Coming back from a landslide defeat in the New Hampshire primary, former Secretary of State Hillary Clinton doggedly criticized Vermont Senator Bernie Sanders on areas where he’d split with Obama while duct-taping herself to the President’s legacy on issues as varied as foreign policy , health care and Wall Street . Sanders, for his part, did his best to hold his ground, justifying his criticism of the President and presenting himself as a change agent while pointing out Clinton’s own differences with Obama. Their heated exchanges over Obama’s legacy reflected how the President has b...
Post a Comment
Read more

The country’s problem is our problem- Buhari

Nigeria President Muhammad Buhari gave this reminder on Tuesday in Abuja while breaking his Ramadan fast with a delegation of Islamic clerics. Mr. President said that Nigerians do not have any other country to call theirs except Nigeria and should therefore work and pray for it to prosper.
Post a Comment
Read more

Oscar Pistorius Will Be Sentenced for Murder After Dismissal of his Appeal

A lawyer for Oscar Pistorius says South Africa’s highest court has dismissed the former track star’s appeal of his murder conviction. The ruling by the Constitutional Court on Thursday clears the way for a judge to sentence Pistorius for murder at a hearing scheduled for April 18. Defense lawyer Andrew Fawcett confirmed the Constitutional Court’s decision and said: “We’ll proceed to the sentencing.” Pistorius, who killed girlfriend Reeva Steenkamp in his home in 2013, had appealed to the Constitutional Court, saying another court erred when it overturned a manslaughter conviction and declared the Olympic athlete guilty of murder. The minimum sentence for murder in South Africa is 15 years, though a judge can reduce that sentence for what the law describes as exceptional circumstances. Pistorius is currently under house arrest. [ Time ]
Post a Comment
Read more