MX23RW : Sunday, November 24 15:07:09| >> :60:385:385:

Manchester United 'take out £140m loan to fund summer deals'

Man Utd 'take out £140m loan to fund summer deals'
© Reuters
Manchester United take out a loan of £140m which could reportedly be used to fund deals for their top summer transfer targets when the window reopens.

Manchester United have taken out a loan worth £140m which they could reportedly use to fund their summer transfer plans when the window reopens.

The Red Devils have been tipped as one of only a handful of clubs still capable of spending significant money after the coronavirus lockdown, with a number of high-profile players linked with moves to Old Trafford.

Jadon Sancho, Saul Niguez, Kalidou Koulibaly, Jack Grealish, Harry Kane and Moussa Dembele are just some of the names mentioned as possible transfer targets, despite executive vice-chairman Ed Woodward warning that mega-money deals may not be possible.

The Daily Mail reports that United have received a £140m cash injection from their revolving credit facility (RCF) in order to 'preserve financial flexibility and maintain liquidity'.

Full payment is due to the Bank of America by 2025, but in the shorter term United could use the funds to boost their transfer budget in order to land some of their top targets.

The club's overall debt now stands at more than £400m, according to their latest financial figures.

ID:400593: cacheID:400593:1false2false3false:QQ:: from db desktop :LenBod:restore:2467:
Restore Data
Share this article now:
John Barnes pictured in June 2018
Read Next:
Barnes: 'Top players will not want to join Man Utd'
>
rhs 2.0
Today's games header
6pm
Vikings
@
Bears
6pm
Lions
@
Colts
6pm
Patriots
@
Dolphins
6pm
Buccaneers
@
Giants
6pm
Chiefs
@
Panthers
6pm
Titans
@
Texans
6pm
Cowboys
@
Washington
9.05pm
Broncos
@
Raiders
9.25pm
49ers
@
Packers
9.25pm
Cardinals
@
Seahawks
Tables header RHS
TeamPWDLFAGDPTS
1Liverpool119112161528
2Manchester CityMan City127232217523
3Chelsea126422314922
4Arsenal126422112922
5Brighton & Hove AlbionBrighton126422116522
6Tottenham HotspurSpurs1261527131419
7Nottingham ForestNott'm Forest125431513219
8Aston Villa125431919019
9Newcastle UnitedNewcastle115331311218
10Fulham125341717018
11Brentford125252222017
12Manchester UnitedMan Utd114341212015
13Bournemouth124351617-115
14West Ham UnitedWest Ham113351319-612
15Everton122551017-711
16Leicester CityLeicester122461523-810
17Wolverhampton WanderersWolves122372028-89
18Crystal Palace121561017-78
19Ipswich TownIpswich111551222-108
20Southampton11119721-144


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
Argentina's Lionel Messi kisses the World Cup trophy after collecting the Golden Ball award on December 18, 2022Sign up for our FREE daily preview newsletter direct to your inbox!