Erik ten Hag ‘may have only £100M to spend this summer before sales’ as his Man United re-building plans take a major hit… with the club determined to ‘avoid overpaying for their targets’ after ‘burning through cash’
Manchester United boss Erik ten Hag has a £100million transfer war chest to spend this summer, reports claim, a figure which may deal a blow to his rebuilding plans.
Ten Hag will start work at the club on Monday with his players set to report back for pre-season training, but United have so far been unable to add to his squad.
Reports have indicated that a deal is close for Barcelona midfielder Frenkie de Jong, while a contract offer has been tabled for Christian Eriksen, an in-demand free agent.
Erik ten Hag reportedly has just £100million to spend on his Manchester United rebuild
In his pub summit with furious supporters, CEO Richard Arnold insisted that money was ‘not a consideration’, although, according to The Sun, that is not the case.
The publication have claimed that the budget available to Ten Hag may be as little as £100m before any sales, although a number of players are set to be offloaded.
It is said that the tightening of their purse springs is a ‘major factor’ behind United’s move for Eriksen, who left Brentford at the end of last season after impressing.
Frenkie de Jong is a United target, but the Red Devils have so far been unable to seal the deal
United CEO Richard Arnold told supporters that money was not a ‘consideration’ this summer
The Red Devils, The Sun add, are aware that clubs are attempting to hold them for ransom, knowing full well they have a host of positions which need strengthening.
Arnold, however, is ‘tired’ of United overpaying for their targets.
They have also been hit by missing out on the Champions League, after their sixth-placed finish last season. Their failure will cost them up to £100m in lost revenue.
United have been frustrated in their pursuit of Ajax duo Antony and Jurrien Timber.
United (pictured owners Joel Glazer, left, and Avram Glazer, right) missed out on up to £100m
Christian Eriksen has a contract offer from Old Trafford, but his future remains uncertain
The Eredivisie giants want £69m for the former, it is believed, while they have demanded around £50m for their defender, a sum United were not willing to pay.
The Sun have even claimed the Red Devils expected his asking price to be half that.
Arnold also told the protesting group that United have ‘burned through cash’ in the past, and the club appear determined to avoid similar errors during Ten Hag’s reign.
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