'No scope to buy without having to look at exit door'

Football Finance expert Kieran Maguire says Manchester United are "on the right side" of the Profit and Sustainability line "but do not have much wiggle room" for the summer transfer window.

Speaking on the Football Daily Podcast, Maguire said: "I estimated that the losses over the last three seasons are broadly in the region of £100m and you are allowed to lose £105m. That does not give them scope to buy without also having to look at the exit door.

"The wage levels at Manchester United are the third highest in the Premier League and they have traditionally been the highest. They are also in the top five within Europe, so that gives them the further problem of trying to persuade players to move on if the contracts being offered are not the same."

Manchester United have failed to lift a European trophy since 2017 and this has been costly to their finances.

And with two games remaining they are in with a chance of qualifying for the Europa Conference League, but Europa League looks increasingly less likely.

So would the Conference League be lucrative enough for a club the size of Manchester United?

"Not really," Maguire added. "They would have to win the tournament.

"They would make money from ticket sales but the prize money is pretty marginable. Plus you need to have a squad that is big enough to play Sunday and Thursday."

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