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The Independent UK
The Independent UK
Sport
Richard Jolly

Why Man United can freely spend in transfer window

  • Manchester United cut their wage bill by £20m in the third quarter of the financial year, aiming to comply with Financial Fair Play regulations and fund summer spending.
  • Sir Jim Ratcliffe's cost-cutting measures led to over 250 staff redundancies, reducing staff payments to £71.2m from over £91m year-on-year.
  • Departures and loan deals for players like Marcus Rashford, Antony, and Tyrell Malacia, along with the absence of Champions League bonuses, contributed to the reduced wage bill.
  • United have initiated summer transfer activities, agreeing to a £62.5m deal for Matheus Cunha from Wolves and bidding £45m for Brentford's Bryan Mbeumo.
  • Despite recording a net profit of £0.7m for the quarter, United acknowledges a disappointing season with their lowest finish in half a century and failure to qualify for Europe, expecting significant improvement next season.

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