MUFC are looking at a budget of about £100m, due to FFP (The Athletic)

[Rightnr]

I think your find we will look at 5 maybe 6 players not 4 major signings this summer can see the club spending £200-240m

Not sure it will happen but what I'm interested in is what the other targets would be.

The other player we've been somewhat consistently linked with (that hasn't moved yet) is that Monaco CB who doesn't really excite me.

The only other one is Min-jae Kim but that ship has sailed and if your speculation is accurate, then we would have paid the £40m release clause, so I think you're off on your prediction.

Unless, of course, something has happened with the sale and the Glazers have greenlit more purchases because they're getting their bag.

 

[Woziak]

Not sure it will happen but what I'm interested in is what the other targets would be.

The other player we've been somewhat consistently linked with (that hasn't moved yet) is that Monaco CB who doesn't really excite me.

The only other one is Min-jae Kim but that ship has sailed and if your speculation is accurate, then we would have paid the £40m release clause, so I think you're off on your prediction.

Unless, of course, something has happened with the sale and the Glazers have greenlit more purchases because they're getting their bag.

You do realise we’ve spent £170m already and Amrabat will make it £195-200m, it’s definitely on and the club is spending, Glazers don’t mind it’s not their money now!

 

[Woziak]

Not sure it will happen but what I'm interested in is what the other targets would be.

The other player we've been somewhat consistently linked with (that hasn't moved yet) is that Monaco CB who doesn't really excite me.

The only other one is Min-jae Kim but that ship has sailed and if your speculation is accurate, then we would have paid the £40m release clause, so I think you're off on your prediction.

Unless, of course, something has happened with the sale and the Glazers have greenlit more purchases because they're getting their bag.

Disai has signed for Chelsea, maybe B Pavard, D Alaba, M Kudas, J Felix (loan) we will sell Maguire or Mctominay but not both plus we’ll sell Fred.

 

[Highfather_24]

If we get Amrabat in for McT, and sell Fred and Henderson, I think we should have a net spend around 120M.

 

[colombianmancunian]

As I have been saying all summer, this was ABU BS (that annoyingly the media repeat each summer). We have already spent way more than our supposed budget and still can spend.

 

[croadyman]

Disai has signed for Chelsea, maybe B Pavard, D Alaba, M Kudas, J Felix (loan) we will sell Maguire or Mctominay but not both plus we’ll sell Fred.

There will be at most two more signings which is Amrabat and either backup CB/ST

 

[Woziak]

There will be at most two more signings which is Amrabat and either backup CB/ST

Pretty much agree on that more likely back
Up striker, can’t see Maguire going anywhere, if J Felix falls through for Barcelona we’ll move on that as a loan I think.

 

[croadyman]

Pretty much agree on that more likely back
Up striker, can’t see Maguire going anywhere, if J Felix falls through for Barcelona we’ll move on that as a loan I think.

Yeah we were interested in January but got put off by the loan fee,however if we hadn't got Hojlund too then would feel different

 

[jadaba]

As I have been saying all summer, this was ABU BS (that annoyingly the media repeat each summer). We have already spent way more than our supposed budget and still can spend.

I was always convinced that this was actually pushed by the club itself to mitigate the United transfer tax. Remember in Woodward’s early years when he would brag about the hundreds of millions we had in a war chest, and the inflated fees we were subsequently forced to pay?

 

[colombianmancunian]

I was always convinced that this was actually pushed by the club itself to mitigate the United transfer tax. Remember in Woodward’s early years when he would brag about the hundreds of millions we had in a war chest, and the inflated fees we were subsequently forced to pay?

That sounds sensible. The club itself pushing the narrative we could not spend that much, to reduce the United tax and the PL tax.

 

[Tyrion]

That sounds sensible. The club itself pushing the narrative we could not spend that much, to reduce the United tax and the PL tax.

Fergie did the same thing. Every year he insisted he was happy with what he had and fans would complain, missing the obvious fact that if he said anything else any club he approached for a transfer would jack up the prices.

 

[Plastic Evra]

I don't know if we have a thread where some people more familiar with accounting can try to explain in simple terms some notions because I'll be honest, from my very non expert viewpoint, some of the guessing I read here make my head hurt (sometimes doesn't sound right too).

I don't put a ton of credence in the press guesses of what the transfer budget is... United is consistently spending 100m€+ every summer (or year) nowadays, unless I'm misremembering, with approx 200 being the plausible soft cap, this summer included. We're at a projected 180m€ (pending Hojlund made official, napkin estimate from me) spent with the talking point of "maybe we need a few sales now" making the rounds (which might make sense in the "not bloating the squad at 40+ players" beyond pure accounting) and seemingly a 25-40m€ midfielder in the sights.

I don't know United can continue on this path for much too long, however. Especially for the poor level of returns post-SAF. My understanding is that maintaining that level of spending has been at the expense of debt control and infrastructure upkeep. I'm cynical enough to know we won't avoid getting some other greedy billionaire owner and we'll keep up the arms race of elite football if he's generous enough. I'd rather the club as an entity was sustainable on its own.

So I really hope ten Hag will be able to carry the sporting project. I appreciate recruitment seems more deliberate and clearly with longer term considerations.

 

[bosnian_red]

So £172m spent on the 3 (if you include all add ons, probably about £140m if you don't include add ons).

Current sales:

• Elanga - 15m
• Telles - 4m
• Iqbal - 1m
• Chong sell on - 1m

Total - 21m
Expected sales:

• Fred - 15-20m
• Henderson - loan with 20m obligation, not sure what it counts for though
• Bailly - 5m

Total - 40m
Possible sales:

• Maguire - 30m
• McTominay - 35m
• Van de Beek - 20m

Total - 85m

We'll sell Fred and he'll basically have us right on £100m for current net spend not counting add ons, which is the budget. If Henderson leaves, we'll bring in a backup goalkeeper but for less probably. Maguire, Donny and McTominay will all likely be replaced if they're sold for roughly what we sell them for I'd bet.

 

[AngeloHenriquez]

So £172m spent on the 3 (if you include all add ons, probably about £140m if you don't include add ons).

Current sales:

• Elanga - 15m
• Telles - 4m
• Iqbal - 1m
• Chong sell on - 1m

Total - 21m
Expected sales:

• Fred - 15-20m
• Henderson - loan with 20m obligation, not sure what it counts for though
• Bailly - 5m

Total - 40m
Possible sales:

• Maguire - 30m
• McTominay - 35m
• Van de Beek - 20m

Total - 85m

We'll sell Fred and he'll basically have us right on £100m for current net spend not counting add ons, which is the budget. If Henderson leaves, we'll bring in a backup goalkeeper but for less probably. Maguire, Donny and McTominay will all likely be replaced if they're sold for roughly what we sell them for I'd bet.

Hojlund £64m + £8m add ons
Onana £43.8m + £3.4m add ons
Mount £55m + £5m add ons

£162.8m up front + £16.4m add ons (Total £179.2m)

 

[bosnian_red]

Hojlund £64m + £8m add ons
Onana £43.8m + £3.4m add ons
Mount £55m + £5m add ons

£162.8m up front + £16.4m add ons (Total £179.2m)

Ah fair. Used transfer markt for onana and mount and they just had them as 100m total, didn't realize they didn't include add ons there. So basically Fred, Henderson and Bailly joining what we've already sold brings us down to 100m and I don't think there's any reason to assume any other signings if nobody else joins them apart from a random cheap goalkeeper. Donny/McTominay are the ones who facilitate Amrabat and Maguire for a CB. But the main business I'd say is done and if nobody outside the expected sales leaves, then the rumored budget would also have been correct (100-120m).

 

[croadyman]

Ah fair. Used transfer markt for onana and mount and they just had them as 100m total, didn't realize they didn't include add ons there. So basically Fred, Henderson and Bailly joining what we've already sold brings us down to 100m and I don't think there's any reason to assume any other signings if nobody else joins them apart from a random cheap goalkeeper. Donny/McTominay are the ones who facilitate Amrabat and Maguire for a CB. But the main business I'd say is done and if nobody outside the expected sales leaves, then the rumored budget would also have been correct (100-120m).

Yeah only sale of Maguire can facilitate a late move for CB and Fred to fund Amrabat

 

[cyberman]

So £172m spent on the 3 (if you include all add ons, probably about £140m if you don't include add ons).

Current sales:

• Elanga - 15m
• Telles - 4m
• Iqbal - 1m
• Chong sell on - 1m

Total - 21m
Expected sales:

• Fred - 15-20m
• Henderson - loan with 20m obligation, not sure what it counts for though
• Bailly - 5m

Total - 40m
Possible sales:

• Maguire - 30m
• McTominay - 35m
• Van de Beek - 20m

Total - 85m

We'll sell Fred and he'll basically have us right on £100m for current net spend not counting add ons, which is the budget. If Henderson leaves, we'll bring in a backup goalkeeper but for less probably. Maguire, Donny and McTominay will all likely be replaced if they're sold for roughly what we sell them for I'd bet.

But we’re linked with replacements if and when they leave so the budget balloons again

 

[The_Midfielder]

Looking at the preseason games, we need to buy a striker on top of the danish striker..
We are dependent on Rashford and very team knows that..
We need 2 strikers

 

[AngeloHenriquez]

Ah fair. Used transfer markt for onana and mount and they just had them as 100m total, didn't realize they didn't include add ons there. So basically Fred, Henderson and Bailly joining what we've already sold brings us down to 100m and I don't think there's any reason to assume any other signings if nobody else joins them apart from a random cheap goalkeeper. Donny/McTominay are the ones who facilitate Amrabat and Maguire for a CB. But the main business I'd say is done and if nobody outside the expected sales leaves, then the rumored budget would also have been correct (100-120m).

We have always delivered signings, we have been a bit quicker and not as ripped off this year (Hojlund aside but I think there were rumours of other clubs getting involved which sped us up) so I'm pleased there however I don't have any faith on the selling side, a few little sell on clauses keep me optimistic but Forest seem to be looking at Arsenal's reserve keeper so Hendo in doubt. Fred is only getting pathetic bids from Galatasary after Fulham interest never materialised, Maguire had a paltry offer that won't be increased due to his high wage, I don't think we will make much money at all with sales but that's where the opportunity is.

Martial, Williams, Bailly, Henderson, Fred, Mctominay, Donny, Pellistri, Hannibal - None of which I don't think will get much game time next season still

 

[bosnian_red]

But we’re linked with replacements if and when they leave so the budget balloons again

The replacements aren't for Fred who pretty much drops our net spend to the budget mark. It's for Donny or McTominay. And a backup goalkeeper for Henderson will likely be less than 5m I'd bet.

 

[croadyman]

Looking at the preseason games, we need to buy a striker on top of the danish striker..
We are dependent on Rashford and very team knows that..
We need 2 strikers

I have said that until blue in the face,however Martial will likely stay and of course Greenwood could return later in season

 

[theklr]

For United, wages has always been the biggest constraints , so I think the «low» wages the 3 has gotten and the wages we saves on outgoings , especially DDG, makes us able to spend more up front. Think also the new Adidas deal helps out.

 

[Leftback99]

Where are we at with this then?

 

[Sunny Jim]

Where are we at with this then?

We’ve spent 55+55+70… that’s 180. We’ve sold for: 20+10+3 (all the youngsters). Net spent is what 147mil.

 

[Plastic Evra]

We’ve spent 55+55+70… that’s 180. We’ve sold for: 20+10+3 (all the youngsters). Net spent is what 147mil.

I think you're missing a couple sales (Elanga, Kovar and / or Fred ?) but going by Transfermarkt the net spend is 132m£~ as of today.
Expected additional outs of 5m£ for Bayindir and 2-7m£ for Cucurella (perhaps).

 

[Leftback99]

We're probably done then.

 

[2 man midfield]

We’ve spent 55+55+70… that’s 180. We’ve sold for: 20+10+3 (all the youngsters). Net spent is what 147mil.

I thought Onana was under 50, and Hojlund was 64? That comes to around £166m, outgoings of around 45m. Given that we’re currently broke they weren’t far off.

 

[Big Ben Foster]

We’ve spent 55+55+70… that’s 180. We’ve sold for: 20+10+3 (all the youngsters). Net spent is what 147mil.

Net spend is a useless metric and has no bearing on FFP

 

[Plastic Evra]

Net spend is a useless metric and has no bearing on FFP

I wouldn't go so far as useless, it's still 100m£+ leaving the coffers, gives a rough idea of where we are at.

 

[Skills]

Is there anything left for next summer?

 

[Plastic Evra]

Is there anything left for next summer?

I don't think anyone can tell because supposedly we should be under new ownership.

 

[Skills]

I don't think anyone can tell because supposedly we should be under new ownership.

Means nothing for FFP, unless the new owners also come with inflated sponsorship deals like City have.

 

[C'est Moi Cantona]

Do City and Chelsea worry about FFP like we seem to all of a sudden?

 

[glasgow 21]

We're probably done then.

We needed Maguire and McTominay out to go again, so yes we are done bar a few loans if the Glazers authorise.

 

[cyberman]

Do City and Chelsea worry about FFP like we seem to all of a sudden?

It’s the journos narrative that they’re trying to walk back. You can see it with the Chelsea LB on a loan because that’s all they can afford rather than it just being a loan until Shaw is fit.
We refused to sell Maguire and Scott, we didn’t struggle to sell them.
Ducker is chatting shit

 

[sullydnl]

Do City and Chelsea worry about FFP like we seem to all of a sudden?

Aside from anything else, City and Chelsea do this clever thing where they sell their players for substantial money. I know it's unorthodox but it helps a lot with these regulations. We should look into it.

Quick calculation of player sales over the last five years, as per Transfermarkt. Spot the difference.

Man City - €448.57
Chelsea - €514.41
United - €185.98

And a lot of that City/Chelsea income comes via academy products, who are particularly FFP-efficient. The main legitimate method of circumventing FFP City have had over the years is operating their battery farm of youth players as a way to generate ability to spend, even as few of them have actually made it to the first team.

 

[Plastic Evra]

I don't think the FFP thing is all journo fluff though when you get down to it it's maybe just another way of saying "owners do not want to go into their pockets and demanded costs be kept at a minimum".

City we all know is suspected of playing fast and loose with regulations and that the owners don't particularly care about investing at a loss. They also carry some extra-football political sway that few teams have.

Chelsea is under new ownership, not under FFP watch presently, and their overlords obviously are coming in hot with scaling up the financial strategy even higher than other clubs. I'm sure they have a plan to eventually stay within FFP guidelines though it remains to be seen next year if it is as sound as they believe. They also got some leeway through the takeover with a massive injection of capital that is FFP-kosher.

Both clubs have been better at creating a revenue stream out of their Academies, as noted above.

It's not that United is owned by outstanding moral figures or run all that well, but the Glazers are allergic to leaving money on the table and already maxed out on the debt and leverage. Plus are trying to sell so want to present the best accounts. And they couldn't really fight back if MU would get hit with a FFP disqualification... Which is rare but does happen (see MAC, Juve).

 

[Devil81]

Loan signings becoming all the more regular, players being sold and replaced with players that aren't actually a huge upgrade.

This clubs a fecking shambles.

 

[JuriM]

Where are we at with this then?

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In the bin. Probs gonna hurt us big time next summer, possible transfer ban?

 

[FlawlessThaw]

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In the bin. Probs gonna hurt us big time next summer, possible transfer ban?

Need the club sold ASAP