The shocking news "shatters" Man Utd's ambitious plans.
Manchester United is planning to rebuild their squad this summer after Sir Jim Ratcliffe took control of football operations at Old Trafford. Jarrad Branthwaite from Everton has become a top transfer target in the upcoming transfer window.
Last week, there were reports that Ratcliffe is making significant cost-cutting efforts at the club. He is likely to sacrifice personnel to free up funds and prioritize investment in the squad. However, the Red Devils may now have to pay a substantial sum to the tax authority as Her Majesty's Revenue and Customs (HMRC) is in negotiations with the club.
According to inews.co.uk, Man Utd is reported to be awaiting the outcome of discussions regarding potential HMRC debts. The media suggests that a potential massive bill — revolving around tax payments related to agreements with players and agents — seems to be affecting the transfer budget for the future.
This is bad news for the Old Trafford side as they are hoping to secure four new signings after the season.