Manchester United debt means they can't land Cristiano Ronaldo

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Manchester United may have spent the majority of the summer dreaming about signing Cristiano Ronaldo from Real Madrid, but it turns out the Red Devils might not have had the money to do so even if the Portuguese forward had pushed for the move.

According to the Daily Express the Glazer family still have £350million worth of debt from their lucrative takeover of the club, which could land United in hot water when UEFA officials begin to further toughen up their stance on financial fair play.

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The report claims that today the decision will made to clamp down on clubs falling foul of the financial regulations at UEFA summit, and that could mean United are prevented from making any colossal offers of the scale needed to complete a deal for Ronaldo.

United loss

At the moment it seems by the by, particularly given the fact that Ronaldo’s agent, Jorge Mendes, confirmed last week that his client would continue playing for Madrid until he retires.

The desire to break more records and perhaps finish his glittering career as one of the most decorated stars ever to have played football is thought to be enough to keep him at the Santiago Bernabeu, and so a move to Old Trafford wasn’t on the cards.

That’s despite mass speculation that Ronaldo would be returning to United, with it being assumed that a huge financial package was being prepared in order to both convince Madrid to sell their most prised asset and the player in question to agree to signing a contract.

City’s gain?

Now though the tables have turned dramatically, with the Express even claiming that City could rank amongst his suitors thanks to the confirmation from club chief Khaldoon Al Mubarak that the Etihad outfit have no debt.

A Ronaldo-to-City transfer is highly unlikely given the ties he still has with United, but the report claims that the notion of an offer shouldn’t be completely cast out due to City’s financial might.

Ronaldo at Madrid

For the meantime though it looks as though Ronaldo will continue to ply his trade with the Galacticos, as he remains the lynchpin of Carlo Ancelotti’s side. The 29-year-old has started this season in an incredibly rich vein of form, bagging 17 goals in his opening 11 matches.

Next up for Ronaldo and Madrid are Levante next Saturday, whilst United play West Brom next Monday looking to continue their impressive recent run.

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Manchester United
Manchester City
Premier League
Cristiano Ronaldo
Real Madrid

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