Manchester United's Obscene Debt Preventing Them From Signing In January

Manchester United are reported to be still in a considerable amount of debt which in turn is hindering their chances of signing any quality players this January.

Ed Woodward has already shown eagerness to carry out more transfers but the Red Devils have failed to bring in anybody yet. Interim boss, Ole Gunnar Solskjaer was reportedly even approached to provide his opinion regarding certain players that Jose Mourinho had previously scouted.

Now, it is being claimed by the Independent that United still owes around £258m in transfer fees and associated costs. Mourinho made 11 signings since taking over as manager in 2016, spending over £370m.

While Woodward did sign off on the deals, the Portuguese head coach has since been done away with after a series of disappointing results.

Kieran Maguire, a lecturer in football finance at the University of Liverpool revealed the immense bill which is still outstanding on transfers while going through United’s 2018 financial report.

Solskjaer’s caretaker status prevents him from having any direct impact on the club’s transfers. The Norwegian, however, could have more of a say next season if he successfully manages to sign as the permanent head coach.

He currently holds a 100% win record with the Red Devils since taking over, after last weekend’s impressive 0-1 win against Tottenham Hotspur at Wembley. The defence remains United’s biggest concern at the moment while they are also drawing constant links with Juventus winger, Douglas Costa.

See Also: Manchester United Heavily Invested In Pursuing Brazilian Winger

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