Finance Guru: Man United shareholders key to transfer plans
Manchester United shareholders are “fixated” on profit and that may have had an impact on the club’s lack of January transfers this season.
That is according to finance guru and new Football Insider columnist Kieran Maguire, speaking exclusively after United’s astounding 9-0 win over Southampton on Tuesday reaffirmed the club’s title ambitions.
United currently trail cross-city rivals Manchester City by three points at the top of the Premier League and fans harbour hopes of a first title challenge since 2013.
But United did not look to sure up their promising position in the transfer market — they made just one signing, 18-year-old Amad Diallo from Atalanta who has played less than 70 minutes of senior football in his career.
Maguire says that the current economic anxieties will have played their part in the quiet window but so too will the shareholders…
He told Football Insider: “January signings are a bit hit and miss. Clearly, they made one of the best of all-time in Bruno Fernandes.
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“It’s really a case of what position too. Trying to prize quality players away from top clubs is really very difficult, especially if the players you’re targeting are already playing in the Champions League.
“That’s why clubs tend to leave things until the summer. But I think United are a more finance-focused club because they are listed on the New York Stock Exchange. They have a responsibility to look after the interests of shareholders, first and foremost.
“As in any business, the shareholders are fixated on making money. And in the current economic climate, January deals in particular have an element of risk.”
Manchester United have made some of the most successful mid-season moves in Premier League history over the years.
As well as Fernandes, the Red Devils have done January deals for club legends Patrice Evra, Nemanja Vidic and Andy Cole.