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Manchester United stopped signing Jadon Sancho after concluding that the transfer would cost close to 250 million euros due to Borussia Dortmund’s 120 million euro price for the striker, plus his salary demand and the fee requested by his agent, Emeka. Obasi. It is understood that United decided this was not feasible in the economic climate affected by the coronavirus.
This is not the first time they have abandoned an important measure because they believe it would be financially prudent. In January, they walked away from an attempt to sign Erling Braut Haaland due to the structure of a deal that included high pay to the forward’s representative, Mino Raiola.
Dortmund encouraged United to speak with Sancho and Obasi, during which the club made their position on finances and what they were willing to pay clear. Even if a deal had been reached on that front, there was the question of Dortmund’s lawsuit, which United resisted.
Clubs also take into account other minor items, such as the standard 4 percent Premier League tax on any transfer fees and additional costs, including bonuses and national insurance.
United do not expect fans to be admitted to the games until March, which means a further loss of revenue on match day. The club has also taken into account the loss of retail revenue and there is economic uncertainty in other areas of the business. – Guardian
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