By Uche Dozie
Sport Writer, kick442.com-Nigeria
For close to a month, football competitions have been on hold due to the novel coronavirus pandemic and this without doubt has infected clubs, FA’s and football bodies’ finance.
This, is what Manchester United executive vice chairman, Ed Woodward expects the fans to understand as he spoke with the United Fan’s Forum on Friday.
According to Woodward, ”Nobody should be under any illusions about the scale of challenge facing everyone in football and it may not be ‘business as usual’ for any clubs, including ourselves, in the transfer market this summer.”
“I cannot help feeling that speculation around transfers of individual players for hundreds of millions of pounds this summer seems to ignore the realities that face the sport.”
”As ever our priority is the success of team, but we need visibility of the impact across the whole industry, including timings of the transfer window, and the wider financial picture, before we can talk about a return to normality.”
Woodward’s words come as no surprise as the devastating effect of not playing football as a result of the pandemic is telling on the club.
Express.co.uk reported in March that Manchester United were set to lose out on £16million as their pre-season summer tour, which was set to include fixtures in India, as the spread of coronavirus continues threatened.
League matches not going on will also have adverse effect financially as no games mean no broadcast or match-day income, which made up more than half of the club’s £627m annual revenues last season according to Financial Times.
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