Ed Woodward cautions Manchester United fans, says transfer spending will decrease

Manchester United vice-chairman Ed Woodward, only Friday, told fans re will be reduced spending in transfer market due to impact of coronavirus. English Premier League games have t been played for more than six weeks and stadiums are due to be closed to fans when season resumes in June at earliest, leading to a fall in various sources of revenue for club. 

READ: Bundesliga Stars Might Have To Wear Masks And Stop Play Should y Come Off: Report

Decrease in transfer spending

“body should be under any illusions about scale of challenge facing everyone in football and it may t be ‘business as usual’ for any clubs, including ourselves, in transfer market this summer. As ever, our priority is success of team, but we need visibility of impact across whole industry, including timings of transfer window, and wider financial picture, before we can talk about a return to rmality.”

“I cant help feeling that speculation around transfers of individual players for hundreds of millions of pounds this summer seems to igre realities that face sport,” Woodward said.

READ: Liverpool Set To Become Premier League Champions As UEFA Declines 'null And Void' Option

Red Devils have t anunced any sort of pay cuts or job cuts till w and re has been intimation of same yet by club.

“Of course, everyone is grappling with ecomic realities of pandemic and we are different. So longer crisis continues greater impact will be for every club, including ourselves," Woodward said.

He added, “We have always believed that our commercial model gives us greater resilience than most clubs, and we are grateful for enduring support of our commercial partners in helping us achieve that.”

last match of Premier League took place on March 10 and around 10 matches of season are still remaining. Liverpool leads  championship with a lead of 25 points. United are fifth in Premier League with nine games remaining.

READ: Premier League Stars To Wear Masks, Use 3 Dressing Rooms Per Side Upon Football Resumption

READ: LaLiga Games Could Be Held Behind Closed Doors Till 2021 After Coronavirus Crisis: Report