Kieran Maguire reveals the real reason Man United signed Amrabat on loan
The Glazers ‘hamstrung’ Man United in the transfer market by refusing to inject any money into the club.
That is the view of finance expert Kieran Maguire, who explained to Football Insider that the Red Devils could have avoided their FFP issues this summer if the Glazers chose to invest any money into the club.
United ended the transfer window with three deadline-day signings in the shape of Altay Bayindir, Sergio Reguilon and Sofyan Amrabat.
As per the Daily Mail, United were forced to strike a loan deal for Amrabat because their current Financial Fair Play situation meant a permanent deal was difficult.
The current profit and sustainability rules state that clubs can only lose £15million over a three-year period before facing potential punishment.
However, Maguire explains how that limit can be inflated to £105million if owners inject money into the club.
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“Under the present version of profit and sustainability rules as far as the Premier League is concerned, clubs can only lose £15million over a rolling three-year period,” Maguire told Football Insider’s Sean Fisher.
“They can increase the allowable limit to £105million if owners inject money into the club in the form of shares.
“As far as Man United are concerned, the Glazer family have only ever taken money out of the club, they’ve never put any in.
“United are also quoted on the New York Stock Exchange which further complicates its ability to generate further funds through shares.
“If you put those two things together, Man United were hamstrung in the transfer window as they cannot go over that £15million loss limit.
“That piles pressure onto the recruitment team to get things right which it can be argued they’ve not been particularly successful at in recent seasons.“
In other news, Fulham and Nottingham Forest made moves to sign Man United star Eric Bailly