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Manchester United's £200m summer transfer spree in doubt

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Football News

Manchester United will struggle to buy their way out of trouble this summer thanks to a growing number of financial restrictions, reports the Daily Express.

David Moyes has reportedly targeted a massive spending spree this summer with figures of £100m and £200m being quoted by a number of respected news sources.

With Manchester United struggling to come to terms with life after Sir Alex Ferguson it seems spending big on bringing established stars to Old Trafford is seen as the best way to make sure glory returns to Old Trafford next season.

Executive vice-chairman Ed Woodward has already promised unprecedented spending this summer, but suggestions of a nine-figure outlay doesn't seem to add up with regards to Financial Fair Play, according to Express journalist John Richardson.

Uefa's financial fair play rules alongside new Premier League spending restrictions are set to hold the Red Devils back from making all the additions they reportedly have planned.

All Premier League clubs are restricted from increasing their wage bill by more than £4m a season unless it can be covered by an increase in financial revenue.

With Manchester United set to lose as much as £35m in their failure to qualify for the Champions League it looks increasingly likely that they won't be able to account for such a rise.

It has made Old Trafford officials urgent in their pursuit of a new deal with Nike, which could be worth up to a staggering £70m-a-season for the club.

Ed Thompson, a leading analyst of the financial fair play regulations, told the Express: The new rules represent a sea change.

“The days when one of the richest Premier League teams could simply buy their way out of trouble without a glance over their shoulder have gone.”

If Manchester United fall foul of the rule they could be hit with a transfer embargo or a points deduction in the Premier League.

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