How are Man Utd able to afford Sesko?published at 09:10 British Summer Time
09:10 BST
Image source, Getty Images
“If Manchester United sneeze, football catches a cold,” football finance expert Kieran Maguire tells BBC Sport.
“It is the biggest brand in English football. The redundancies do look severe, but that is the Ineos business model, they have done that at other companies. Whether it will work in football, we have to wait and see.”
United sources previously outlined to the BBC’s chief football news reporter Simon Stone how it is possible for them to reach an agreement on Benjamin Sesko, even though co-owner Sir Jim Ratcliffe said earlier this year there was the potential for the club to go bust by Christmas without massive cost-cutting measures.
Payment arrangements totalling £130m for the deals this summer for Matheus Cunha and Bryan Mbeumo, from Wolves and Brentford respectively, have been arranged in a favourable way.
It is likely any deal for Sesko would be arranged similarly, with the payment spread over the length of the player’s contract.
In addition, the entirety of Marcus Rashford’s £325,000-a-week salary is being covered by his loan move to Barcelona and Manchester United received £5m from Chelsea after the Blues pulled out of a deal to sign Jadon Sancho.
Manchester United have also received more than £15m in payments as part of sell-on clauses involving Anthony Elanga, Alvaro Carreras and Maxi Oyedele.