Clubs will not splurge on transfers when football resumes - Woodward

United States News News

Clubs will not splurge on transfers when football resumes - Woodward
United States Latest News,United States Headlines
  • 📰 staronline
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 75%

(Reuters) - Manchester United chief executive Ed Woodward says clubs will not spend 'hundreds of millions' when signing new players in the transfer window as they will be mindful of the financial impact of the COVID-19 pandemic.

FILE PHOTO: Soccer Football - Carabao Cup - Semi Final Second Leg - Manchester City v Manchester United - Etihad Stadium, Manchester, Britain - January 29, 2020 Manchester United executive vice-chairman Ed Woodward in the stands before the match REUTERS/Phil Noble

Woodward said it would be a challenging time in the market and it may not be"business as usual" for clubs, including United, when they look for new recruits. Tottenham Hotspur defender Jan Vertonghen said earlier this week that free agents will be coveted more than others during the transfer window as clubs look to rebound from the financial crisis.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

staronline /  🏆 4. in MY

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Uefa releases nearly €70m in payments to clubs | Malay MailUefa releases nearly €70m in payments to clubs | Malay MailGENEVA, April 23 — Uefa has released nearly €70 million (US$75 million) of compensation payments to clubs ahead of schedule to help deal with the impact of football’s Covid-19 related stoppage. European football’s governing body pays clubs who have contributed players to national teams...
Read more »

Uefa to advance up to €70 mil to clubs amid financial crisisUefa to advance up to €70 mil to clubs amid financial crisisMoney is part of €200 mil set aside for clubs that release players for Euro 2020. FMTNews Uefa
Read more »

UEFA releases nearly 70 million euros in payments to clubsUEFA releases nearly 70 million euros in payments to clubs(Reuters) - UEFA has released nearly 70 million euros ($75 million) of compensation payments to clubs ahead of schedule to help deal with the impact of soccer's COVID-19 related stoppage.
Read more »

French mull restarting season with two cup finalsFrench mull restarting season with two cup finalsPARIS (Reuters) - French football could resume its season in June with two cup finals, French Football Federation president Noel Le Graet proposed on Friday.
Read more »

Rooney spokesperson says Derby skipper not in 'wage war' with clubRooney spokesperson says Derby skipper not in 'wage war' with club(Reuters) - Former England captain Wayne Rooney is not in a 'wage war' with Championship club Derby County as they deal with the financial impact of the novel coronavirus pandemic, his spokesperson has told the BBC.
Read more »

Neymar says lack of football making him anxiousNeymar says lack of football making him anxious(Reuters) - Paris St Germain and Brazil forward Neymar says that not knowing when football will be played again is making him anxious.
Read more »



Render Time: 2025-03-10 12:50:55