It would be sensible for Sheffield United to look towards the Championship in terms of their transfer strategy this January, says Kieran Maguire.

Finance expert and new Football Insider columnist Maguire gave his assessment in exclusive conversation with correspondent Adam Williams after United picked up their first win of the season against Newcastle on Tuesday evening.

A 3-1 loss to Tottenham followed on Sunday, but Sheffield United fans will be hoping that a positive January in terms of recruitment could see them get back into contention for Premier League survival.

But they remain 11 points from safety and Maguire believes that, from a financial perspective, it would be sensible to start planning for life in the Championship.

“You’ve got to be realistic. Sheffield United have had such a poor start to the season, though they will clearly be happy with the victory over Newcastle,” he told Football Insider.

“The logic of trying to sign players on big contracts when the probability of relegation is quite high and the loss of income that will come about as a result of relegation, I don’t think the owners will be very keen on that.

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“We did see yesterday that Sheffield United have borrowed money from the bank and that money will have to be repaid from their broadcasting rights until January 2023.

“So that reduces the money which is available, or it could be that it’s an extra bit of money that they have borrowed from the bank to perhaps make one or two signings.

“Presumably, they would be the type of player who Chris Wilder believes can be successful not only in the Premier League but also are used to that Saturday-Tuesday-Saturday-Tuesday slog which is the Championship because you do need players with a different mentality in that division.”

They have been linked with Ben Davies by Sky Sports, who fits that description, as does Wigan Athletic’s Kyle Joseph, who has also been mentioned by the Daily Mail.

Lewis Morgan, also linked by the Daily Mail, has six years of Scottish Premiership and Football League experience as well.

In other news, Chris Wilder reportedly has interest in Premier League players too.