dailystar: The Premier League ’s elite fear that Manchester United will get catapulted back to the big time after the coronavirus pandemic – due to their massive financial clout.
Europe’s top clubs are expected to scale down their operations once life gets back to some sort of normality and when football is allowed to resume.
Liverpool, Tottenham, Chelsea, and Arsenal, are four of the richest clubs in Europe but will likely suffer in some part and their transfer activity could be affected.
United though, along with rivals Manchester City, have much larger riches and may be able to steal a march on several other top clubs.
This would be a huge caveat for the Old Trafford club, who have fallen way behind their rivals in recent years.
Not since the Sir Alex Ferguson days have they won a Premier League title and they are now having to watch on as Liverpool and City battle it out at the top.
United have slightly improved in recent months under Ole Gunnar Solskjaer but the strength of their squad is still some way off those two.
Despite a huge current debt level of around £418.7 million, United were last year valued by US magazine Forbes as being worth £3.13 billion.
And in February they announced commercial revenue was up by 7 per cent in the second quarter of their financial year with overall revenue placed at £180.3million and player wages down 9 per cent as Solskjaer re-builds the squad.
That’s put the club in a better position to deal with the current crisis than many of their rivals who fear United will be less affected by football’s financial collapse – and able to steal a march on all their top six competitors.
While others are unlikely to break their current transfer records to sign players in the near future, the Red Devils are still being linked with signing £100million+ players.
Borussia Dortmund ace Jadon Sancho is valued at around that price and a move to Old Trafford is not unlikely, it is believed.
Meanwhile, some of their rivals stated their intentions as soon as the coronavirus pandemic took hold by furloughing staff.
Liverpool and Tottenham made the initial decision to use government aid to pay some of their working staff but then reversed that call after intense criticism came their way.
While City will remain one of the world’s richest clubs, they are having to contend with an appeal against a two year Champions League ban for allegedly breaking financial fair play rules.
It remains to be seen whether or not United benefit from the current plight of the world, but they are seemingly in a better position than most to deal with the consequences.
Source: Published by dailystar