Ed Woodward - "something'll 'appen this summer littleman"

horsechoker

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https://www.bbc.com/sport/football/52418826

Ed Woodward: Man Utd chief says big-money transfer talk ignores financial reality

Manchester United executive vice-chairman Ed Woodward says speculation about transfers for "hundreds of millions of pounds this summer" is ignoring the "realities that face the sport" because of the coronavirus pandemic.

United were linked with a £200m move for Tottenham striker Harry Kane and potentially spending a further £130m on England and Borussia Dortmund wide-man Jadon Sancho.

"Nobody should be under any illusions about the scale of challenge facing everyone in football and it may not be 'business as usual' for any clubs, including ourselves, in the transfer market this summer," Woodward said in his opening address to a United Fans' Forum on Friday.

"As ever our priority is the success of team, but we need visibility of the impact across the whole industry, including timings of the transfer window, and the wider financial picture, before we can talk about a return to normality."

Woodward has been a key figure in many of the discussions among the Premier League and in Europe about how the game is going to deal with the financial impact of coronavirus.

Billions of pounds in TV income is at stake if there is no resumption in the foreseeable future, with most figures within the game anticipating any resumption, when it eventually comes, will be without spectators.
He's probably right but I know this might set alarm bells ringing for United fans.
 

Pexbo

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Perfectly reasonable and logical.
 

siw2007

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Not surprised. It’s logical and I expect every club is in the same boat.
 

Brophs

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GIVE US A DIFFERENT REASONED AND LOGICAL OPINION, ED, YOU MASSIVE HELMET.
 

Pexbo

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For what it’s worth, I’m sure we could take advantage and bring a few players in but for the fact we could really do with offloading four or five on good wages and that just got a lot harder.
 

MyOnlySolskjaer

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Don't understand how anything he said here is bad.

Contrary to the OP title he's not saying big transfers won't happen, he's saying there's a time and place to talk about transfers and this is not it.
 

Adisa

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Like I said a few weeks ago, can't see Sancho happening unless we do the sort of deal Arsenal did with Lille for Pepe.
 

norm87cro

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While I tend to agree with this view it is very much obvious that Woody and the Glazers are using this current Covid 19 situation the help their own agenda. They don't want to invest in our club and the fact we covered Maguires transfer with the Lukaku money says a lot.
 

Zoo

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Don’t see how anyone can pick fault at what he has said here.
 

Roboc7

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Just saying it how it is, could be big issues with next season as well so it’s extremely unlikely we are going to break our transfer record and take on more huge earners.

I doubt Dortmund’s asking price for Sancho will change but what we would be willing to pay has probably changed significantly.

Unless teams have a need to sell because of financial problems or contracts expiring, and prices reflect that, I would expect there will be a lot more caution this summer especially in regards to marquee signings.
 

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While I tend to agree with this view it is very much obvious that Woody and the Glazers are using this current Covid 19 situation the help their own agenda. They don't want to invest in our club and the fact we covered Maguires transfer with the Lukaku money says a lot.
Probably right. With the economic downturn this will bring, add the Glazer's added exposure because of their other assets (some in other sports being hit in the same way so less spread of impact than most other owners) being hit at the same time, and then add the possibility of sponsorship deals getting cut if no CL football again which I think was on the agenda if there was/is no CL football for 20/21? then this could read as prepping especially given it's a bit of a narrative change from his usual tactic which would have seen something like "we are better equipped than any other club in the world" or similar.
 

Rozay

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Makes sense. I don’t even think it’s a case of ‘we can’t afford it’, he’s right in that we need to have a look at what is left of football when things return and how things are.
 

Adam-Utd

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I don't really see much changing, clubs are ALL effected, so Dortmund will need the Sancho money even more now.

IMO we probably won't get more than just him this summer, and it won't all be paid up front.

I think he's just saying dont expect 200m+ window's like the press keep rambling on about, he's being sensible.
 

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Coronavirus or not, it's a 60m netspend as usual incoming. Call me cynical, the recent good PR by the club was also to soften blow of little investment by the Glazers. Same old nonsense, we have over 30 points to make up to compete. The acceptance of budget by fans feels like Arsenal now, it's awfully sad.
 

Amir

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Nothing more than driving down the selling price clubs expect for the players we want.

Nothing more.
It's not a bad message to send to other clubs, but it's obviously more than that. Clubs are taking a financial hit and no one knows how bad it will be.
 

KennyBurner

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While I tend to agree with this view it is very much obvious that Woody and the Glazers are using this current Covid 19 situation the help their own agenda. They don't want to invest in our club and the fact we covered Maguires transfer with the Lukaku money says a lot.
Anything to beat management with a stick eh? How exactly is it so obvious even though its clear to see football is clearly being affected by the pandemic?
 

Amir

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I don't really see much changing, clubs are ALL effected, so Dortmund will need the Sancho money even more now.
Did they NEED it two months ago? I don't think it's about needing it. Just a combination of a player's desire to leave and the club making enough money out of it.
 

pascell

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Speaks a lot of sense which when you look at the wider picture, it was clearly evident going to happen. I do think clubs will look in favour of attempting to bring prices down to what they were before the Neymar and Mbappe deals. If the market runs favour of lower transfer fees, we might end up with Sancho for a good price, that's if we get him of course, anything can happen.
 

Ish

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Refreshing change from Ed versus the usual “we can do what in the market, what others can only dream of”. Who knows, maybe we’ll end up spending £200m+ this time :lol:

Just being facetious.

Agree with Ed. Makes a lot of sense. Still hope we’re able to add some quality at RW and DM though.
 

Lennon7

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Yeah but at the same time clubs will need to raise funds by selling players on the cheap. Not talking about the likes of Kane or Sancho of course but could see big players going for much less than we’ve been seeing lately
 

kidbob

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We can sell Jones, Periera, Lingard, Smalling, Dalot without seeing a difference to our squad. Bring in Tuanzebe back from injury, Gomes, Bailly back from injury and Laird, Chong (not great but Jesse ain't either) and there is absolutely no difference in quality from the players sold (in fact there is an upside in potential at the very least). There's your funds for Sancho (assuming we ain't starting from 0) without even selling Pogba and that one signing alone means we've had a great window.

I get where Woodward is coming from but I doubt he's stupid enough to miss out on the next "Rooney" of English football over a few quid. More likely in my opinion he is setting fans up for only one signing. Which if it's the obvious one I doubt any fan will care, I certainly won't (as long as we keep Pogba in the process).
 

nycender

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Sancho isn’t hundreds though. Only about a hundred+

SanchON
 

Dave Smith

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We can sell Jones, Periera, Lingard, Smalling, Dalot without seeing a difference to our squad. Bring in Tuanzebe back from injury, Gomes, Bailly back from injury and Laird, Chong (not great but Jesse ain't either) and there is absolutely no difference in quality from the players sold (in fact there is an upside in potential at the very least). There's your funds for Sancho (assuming we ain't starting from 0) without even selling Pogba and that one signing alone means we've had a great window.

I get where Woodward is coming from but I doubt he's stupid enough to miss out on the next "Rooney" of English football over a few quid. More likely in my opinion he is setting fans up for only one signing. Which if it's the obvious one I doubt any fan will care, I certainly won't (as long as we keep Pogba in the process).
Which crack head teams are buying Jones, Lingard, Dalot, Smalling and Periera in this market on their wages?

At best, Utd may be able to loan them. No way are any of them going to move and take lower wages even if some club did pony up some cash.

The same also applies to Sanchez. He went to Inter on loan (for no fee) and what 40% of his wages and they still want to send him back. There is another £20m+ the club are going to have to swallow.
 

kidbob

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Which crack head teams are buying Jones, Lingard, Dalot, Smalling and Periera in this market on their wages?

At best, Utd may be able to loan them. No way are any of them going to move and take lower wages even if some club did pony up some cash.

The same also applies to Sanchez. He went to Inter on loan (for no fee) and what 40% of his wages and they still want to send him back. There is another £20m+ the club are going to have to swallow.
Yeah to be honest that's a fair point. The saddest thing is that I think my plan for replacing them from in house players doesn't make us at all weaker. I guess my main hope is that Dalot (PSG rumoured) and Smalling (a good player who's done well this year) can gather a decent sum between them (say 40m, but probably hopeful) and the other three can get 10m between them. Getting Sanchez off the books would be incredible but unlikely unfortunately.
 

dumbo

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Any mods want to comment on what provisions they plan to offer the Transfer Forum regulars? One would hope for some kind of compensatory Muppet furlough scheme to protect the vulnerable. Perhaps you could set up an online trading card simulator with stick of digital gum.
 

stepic

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It doesn’t make any difference.

so prior to Corona Sancho would have cost £120m. Dortmund would have used that to buy 3 players at £40m each, say.

So now no one can offer Dortmund more than £80m. Dortmund is also getting discounts on those 3 players they wanted to, £25m each.

every club is affected by this. The less richer clubs more so.
 

Flying_Heckfish

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Prices will be normalised. Now is the time to see if we have those cash reserves or not ("we can do things in the market...").

If we have reddies now is the time to snap up "bargains".

So what he says is true, I doubt anyone is breaking any records this summer - or for the next few windows.
 

horsechoker

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It doesn’t make any difference.

so prior to Corona Sancho would have cost £120m. Dortmund would have used that to buy 3 players at £40m each, say.

So now no one can offer Dortmund more than £80m. Dortmund is also getting discounts on those 3 players they wanted to, £25m each.

every club is affected by this. The less richer clubs more so.
Is that Sancho's brother?
 

hobbers

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They got the excuse they wanted to ramp down transfer spend expectations. First by hiring Ole, now the coronavirus.
 

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Regardless of the 85m or so we're about to shell out, this is exactly the sort of thing he should be saying.