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.


Comments

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...

MAN CITY SET NEW PREMIER LEAGUE RECORD IN SWANSEA THRASHING

Manchester City passed Swansea City off the pitch on Sunday to set a new Premier League benchmark.  The Etihad Stadium had a party atmosphere this weekend as the new champions took to the field for the first And those celebrations apparently filtered down to their players, who enjoyed every minute of a vintage 5-0 victory over the Swans It marks the first time since 2003-4 that a team have managed so many completed passes, and contributed to a dominant 83% share of possession which is also a new 14-year high as the visitors barely touched the ball over the 90 minutes. Swansea in comparison attempted just 202 passes, less than a fifth of the 1015 tried by their opponents - the first time any side have beaten the thousand mark. One of City's goalscorers was Kevin De Bruyne, who has had a season to remember at the heart of the side's midfield.  De Bruyne netted from outside the area for the fifth time this season in the Premier League, more t...

‘Glee’ actress Naya Rivera is missing after renting a boat with 4-year-old son in Lake Piru

Officials are looking for actress Naya Rivera after she rented a boat with her 4-year-old son in Lake Piru. (Taylor Jewell / Associated Press) Officials are searching for actress Naya Rivera after her 4-year-old son was found alone on a boat she rented Wednesday afternoon, officials said. Rivera rented the boat about 1 p.m. and had an afternoon of swimming with her son, who was the last to see her before she went missing, said Ventura County Sheriff’s Department Capt. Eric Buschow. Buschow said the boy got back onto the boat after a swim but his mother did not follow. “We’re going on the belief that she did go in the water and we have not been able to locate her. So this may well be a case of drowning,” Buschow told reporters. The 4-year-old was found sleeping on the boat by himself by other boaters in the lake. “He’s in good health,” Bushow said of Rivera’s son. The boy was initially reported by authorities to be a 3-year-old girl. “The family is going through a ver...