Man United transfer budget explained by finance guru amid '£110m' claim

By Kieran Maguire

30th Apr, 2022 | 9:30am

Kieran Maguire issues '£110m' claim amid surprise Man United transfer news

Failure to qualify for the Champions League could cost Man United as much as £110million with major implications for the transfer budget.

That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about Erik ten Hag‘s recruitment kitty for 2022-23.

A United source told this site last Saturday (23 April) that the new manager will be given just £50m to spend this summer.

It is understood that the Dutchman will be given total autonomy with regards to arrivals and exits within those surprisingly modest parameters.

The Red Devils are five points off the pace in the race for the top four despite having played two games more than Tottenham and Arsenal.

And Maguire claims that it is therefore no surprise to see the Glazers sanction a smaller transfer budget than in recent years.

Subscribe to Football Insider TV now

The reason is that there is a very high probability that they won’t qualify for the Champions League,” he told Football Insider‘s Adam Williams.

“As we know, the Champions League is worth up to £150m. They could make £40m if they qualify for the Europa League, so there’s a £110m discrepancy.

“If they fail to qualify for the Champions League two years in a row, the amount they receive from Adidas will reduce by 25 per cent.

“So I think there is an element of caution. At the same time, there are opportunities to get a lot of costs off the wage bill this summer.”

United have spent over £125m on signings across 2021-22, with Cristiano Ronaldo, Jadon Sancho and Raphael Varane all arriving on big wages.

They are next in action against Brentford on Monday (2 May).

In other news, pundit suggests Sancho among five safe from “massive rebuild” after Man United source’s transfer update.