Manchester United Reports $7.80 Million Quarterly Net Loss Amidst Pursuit of Victor Osimhen

Date:

Manchester United has announced a net loss of $7.80 million for the latest quarter, underscoring ongoing financial challenges for the club. This financial update coincides with the club’s active pursuit of Nigerian striker Victor Osimhen.

Thank you for reading this post, don't forget to subscribe!

Osimhen, currently on loan at Galatasaray from Napoli, has attracted significant interest from Manchester United. The club recently dispatched scouts to observe the 26-year-old forward, who showcased his talent by scoring twice in Galatasaray’s recent 2-1 victory over Rizespor. 

However, securing Osimhen’s transfer presents challenges. His wage demands, reportedly around £200,000 per week, and his aspiration to play in the Champions League are significant considerations. Additionally, other European clubs, including Paris Saint-Germain, have expressed interest in the Nigerian striker. 

Despite these hurdles, Manchester United’s scouting efforts indicate a strong interest in negotiating a deal for Osimhen. The club may need to adjust its financial strategies, potentially including player sales, to accommodate such a high-profile acquisition.

This pursuit of Osimhen comes at a time when Manchester United is addressing financial pressures, as evidenced by the recent quarterly net loss. Balancing financial stability with the ambition to strengthen the squad will be crucial in the club’s upcoming decisions.

By Naija247news
By Naija247newshttps://www.naija247news.com/
Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Stanbic IBTC Bank Opens N50bn Series 1 Commercial Paper Issuance

Stanbic IBTC Bank Limited has announced the opening of...

Guinness Nigeria Reaffirms Public Listing as Tolaram’s N81.60 Per Share Takeover Offer Proceeds

Guinness Nigeria Confirms Public Listing Amid Tolaram’s Takeover Offer Guinness...

PZ Cussons Nigeria Minority Shareholders Reject N51.79 Billion Debt-to-Equity Swap

Minority shareholders of PZ Cussons Nigeria Plc (PZCN) have...

FirstBank Refutes Fraud Accusations, Links Case to Ex-Employee Misconduct

FirstBank Dismisses Fraud Allegations, Points to Former Employee’s Misconduct FirstBank...