MANCHESTER UNITED have taken out a £140million loan to get through the coronavirus crisis.
And it should go some way to ensuring Ole Gunnar Solskjaer can still bring in stars like Jadon Sancho when the transfer window re-opens.
United could raise further funds by selling Paul Pogba to Real Madrid, who are offering a list of stars to form a swap deal.
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United’s finances took a big dent after signing £85m Harry Maguire and Bruno Fernandes for an initial £46.6m.
Covid-19 has hit hard and the club opted to access almost all of a £150m credit facility they had with the Bank of America.
The cash should ensure United can withstand the impact but some of it can also be spent on signings.
Boss Solskjaer wants Borussia Dortmund forward Sancho and Aston Villa midfielder Jack Grealish.
But chief Ed Woodward suggested the worst of the impact is yet to come.
United revealed revenues for the first three months of 2020 were down almost £30m — while net debt soared to £429.1m.
The first 18 days of lockdown cost them £23m, with Woodward insisting: “It will not be business as usual for some time.”
United sources say the loan will be used mainly to safeguard the club through this tough period.
Old Trafford maintain £89m record buy Pogba is not for sale but Real, also hit by the pandemic, feel a swap deal is an option.
Among those who could be offered in part exchange are Martin Odegaard, James Rodriguez, Lucas Vazquez and ex-City midfielder Brahim Diaz.
But United sources say Solskjaer wants to pair Pogba with January arrival Fernandes — the duo training together for the first time yesterday.