Top Ad
I DIG Radio
www.idigradio.com
Listen live to the best music from around the world!
I DIG Style
www.idigstyle.com
Learn about the latest fashion styles and more...

Owner questions cloud Man Utd summer funds

Written by 
Published in Soccer
Wednesday, 03 May 2023 17:04

Erik ten Hag said he does not know what transfer funds Manchester United will have available in the summer window as uncertainty continues around the club's ownership.

The Glazer family is assessing bids from Qatar-backed Sheikh Jassim and British billionaire Sir Jim Ratcliffe, as well as offers of minority investment from a number of US-based groups.

- Stream on ESPN+: LaLiga, Bundesliga, more (U.S.)

The process has already gone on longer than expected and amid fears it could disrupt Ten Hag's plans to continue his rebuild of the squad, the Dutchman has admitted he does not know how much money there is to spend on new players.

"I don't have influence on that, also I don't know," Ten Hag said when asked about the size of his summer budget. "The only thing I know is that Man United is one of the biggest clubs in the world, one of the biggest two or three from a fanbase perspective.

"The club has to compete for the highest in the world -- Champions League, Premier League -- but in football you need funds to construct squads because at the end of the day, the level from your players decides if you are successful or not."

Sources have told ESPN that United will be active in the summer market and the recruitment team are planning for the window "as usual" despite the ongoing battle for ownership.

The club also has Financial Fair Play issues to navigate that will affect summer spending regardless of who is in charge. Groups who have lodged offers with Raine Group -- the merchant bank handling the process on behalf of the Glazers -- are waiting to hear whether or not they have been successful and could be told as early as next week.

"I think it's clear what I want, but it's not up to me," said Ten Hag. "It's about others in this club. The family are the owners, they make the decisions. It's not up to me, so I do everything I can and I influence the processes I'm in charge of.

"I'm focusing on improving the squad, the team development, so I have to make sure the team is progressing and I'm focusing on that. Everyone knows you need funds to construct a squad and high level players cost a lot of money and that's the situation nowadays in top football."

Meanwhile, Ten Hag has dismissed suggestions he showed his support for fans' anti-Glazer protests by picking up a green and gold scarf -- United's original colours -- at the end of the 1-0 win over Aston Villa on Sunday.

"It was just polite," Ten Hag said. "I know what's going around, what the symbol of it is, but this matter was just polite."

Read 148 times

Soccer

FIFA donates $50m for Qatar World Cup legacy

FIFA donates $50m for Qatar World Cup legacy

EmailPrintOpen Extended ReactionsFIFA launched a $50 million legacy fund for social programmes on We...

Guardiola sorry for self-harm remark after draw

Guardiola sorry for self-harm remark after draw

EmailPrintManchester City boss Pep Guardiola has apologised for suggesting he wanted to hurt himself...

Guardiola's new Man City deal means nothing if stars don't sign extensions, too

Guardiola's new Man City deal means nothing if stars don't sign extensions, too

EmailPrintOpen Extended ReactionsManchester City did the easy part by having manager Pep Guardiola s...

2026 FIFA


2028 LOS ANGELES OLYMPIC

UEFA

2024 PARIS OLYMPIC


Basketball

KD, Beal return as Suns' big 3 leads rout of Lakers

KD, Beal return as Suns' big 3 leads rout of Lakers

EmailPrintOpen Extended ReactionsPHOENIX -- Bradley Beal and Kevin Durant each scored 23 points and...

Giannis out vs. Heat due to pregame knee issue

Giannis out vs. Heat due to pregame knee issue

EmailPrintOpen Extended ReactionsMIAMI -- Milwaukee Bucks star Giannis Antetokounmpo is out for Tues...

Baseball

Champion Dodgers adding Snell, sources say

Champion Dodgers adding Snell, sources say

EmailPrintOpen Extended ReactionsFree agent left-hander Blake Snell and the Los Angeles Dodgers have...

Dodgers split $46M from record MLB playoff pool

Dodgers split $46M from record MLB playoff pool

EmailPrintOpen Extended ReactionsNEW YORK -- A full postseason share for the World Series champion L...

Sports Leagues

  • FIFA

    Fédération Internationale de Football Association
  • NBA

    National Basketball Association
  • ATP

    Association of Tennis Professionals
  • MLB

    Major League Baseball
  • ITTF

    International Table Tennis Federation
  • NFL

    Nactional Football Leagues
  • FISB

    Federation Internationale de Speedball

About Us

I Dig® is a leading global brand that makes it more enjoyable to surf the internet, conduct transactions and access, share, and create information.  Today I Dig® attracts millions of users every month.r

 

Phone: (800) 737. 6040
Fax: (800) 825 5558
Website: www.idig.com
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Affiliated