Players.bio is a large online platform sharing the best live coverage of your favourite sports: Football, Golf, Rugby, Cricket, F1, Boxing, NFL, NBA, plus the latest sports news, transfers & scores. Exclusive interviews, fresh photos and videos, breaking news. Stay tuned to know everything you wish about your favorite stars 24/7. Check our daily updates and make sure you don't miss anything about celebrities' lives.

Contacts

  • Owner: SNOWLAND s.r.o.
  • Registration certificate 06691200
  • 16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
  • Czech Republic

No spending spree for Erik ten Hag if £1.3bn Manchester United deal is passed

Sir Jim Ratcliffe’s proposed £1.3bn purchase of a 25% share in Manchester United is unlikely to have much impact on the club’s ability to spend in the transfer market.

The United board is expected this week to approve a deal to make the British billionaire a minority shareholder. Ratcliffe would take over running the sporting side of the business but financial fair play (FFP) restrictions make it difficult for any investor to provide extra resources for use on signings.

Ratcliffe and his team were shown the long-term vision in place at United in presentations made to them during the bidding process. They were given a picture of the progress made under Erik ten Hag and where the football operation is aiming to improve.

The six Glazer siblings, who are the majority shareholders, will vote with six other board members on whether to accept a deal with Ratcliffe, who has experience of running sports teams, owning Ineos cycling and Ligue 1’s Nice.

This summer United spent about £177m on players, paying transfer fees for André Onana, Rasmus Højlund, Mason Mount and Altay Bayindir, signing Sergio Reguilón and Sofyan Amrabat on loan and getting Jonny Evans for free.

United tend to do only minor business in January and money is available for next summer regardless of any deal with Ratcliffe. Ten Hag is keen to not have too big a squad, even though a large number of injuries at the start of this season has left United short in certain areas, but will be keen to strengthen. Players surplus to requirements will be put up for sale to help bolster the budget.

One player who will not be part of United’s plans next season is Mason Greenwood. The 21-year-old joined Getafe on a season’s loan in the summer after it was decided he should

Read more on theguardian.com