Manchester United close in on £600m deal to save transfer plans

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Manchester United are on the verge of announcing a new kit deal which could alleviate the worries concerning whether or not they will be able to sign top names this summer.

According to the Manchester Evening News the reigning Premier League champions are negotiating a deal with current suppliers Nike, as well as a host of other top sportswear companies, and an eight percent rise in the club’s valuation in the New York Stock Exchange has many believing that an agreement is close. The same report claims that if United can land the deal, thought to be worth around £600million, they will soften the blow dealt by not qualifying for the Champions League this year.

With David Moyes’ side a serious doubt to be participating in Europe’s premier competition next season, there’s subsequent scepticism over whether they can attract the world-class footballers they need to kick-start their revival. The likes of William Carvalho, Toni Kroos and Francesc Fabregas have all been named in connection with possible Old Trafford moves, though it will take a lot of money for them to forego the chance to play in the Champions League.

According to reports the Glazer family are willing to back Moyes with between £100million and £200million this summer, and this new kit deal may just allow them to compete for the world’s best.

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