Manchester United’s manager Erik ten Hag is reportedly uncertain about the budget for his summer transfers as the club’s takeover saga continues. According to reports, the club is currently in the midst of a bidding war between Qatar’s Sheikh Jassim and British billionaire Sir Jim Ratcliffe. Both parties have made their third bids by the April 28 deadline, with Sheikh Jassim making a fourth bid directly to the Glazers amid concerns that Ratcliffe’s camp was leading the race.
Transfer Plans Amid Ownership Uncertainty
Despite the ongoing uncertainty, Manchester United is reportedly pushing ahead with a bid to sign Mason Mount from Chelsea. The Glazers have given the green light to pursue Mount, but initial enquiries have raised concerns about Chelsea’s valuation of the player. While there is optimism that a deal can be done, ten Hag is reportedly growing concerned about the rest of his summer transfer plans due to the uncertainty about the available funds for new players.
Delay in Deal Completion
Football finance expert Kieran Maguire has explained that the delay in completing the deal is due to the Glazers’ attempts to extract as much money as possible from the bidders. The Glazers are also reportedly trying to retain some form of control over the club, believing that the markets undervalue Manchester United. They are therefore seeking a share of any gain in value in future years.
Impact on Transfer Window
The delay in the takeover could impact the club’s performance in the upcoming transfer window. As Maguire explains, “If the deal drags on and on until we get to the wrong end of the window, then it becomes either more difficult or you get your trousers taken down in terms of the prices that selling clubs are going to be demanding.”
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In the meantime, Manchester United fans will be hoping that the takeover is completed soon and that the club can start planning for the future. Whether that future includes Erik ten Hag remains to be seen.
