Man Utd had put aside £80m for Cristiano Ronaldo deal
Manchester United had £80m budgeted to sign Cristiano Ronaldo this summer, according to the Mail on Sunday.
The reports claim that the plan had been in place since Sir Alex Ferguson and former chief executive David Gill were at the club – and it could still be revisited in January or, more likely, next summer.
It is being suggested that United’s lack of transfer activity over the summer was because their entire budget was set aside to bring Ronaldo back to the club from Real Madrid. David Moyes and new chief executive Ed Woodward are still keen to make the deal happen.
A major stumbling block is that United would struggle to compete with Real and potential other suitors, such as Monaco, on wages. The £80m planned deal is dependent on Ronaldo’s salary being part-funded by a lucrative commercial package for the player, which would be tied into the club’s sponsorship deals in the Far East, India and Africa.
Woodward was still hoping to have the deal done until two weeks before the transfer window closed. At that point he began to admit that the transfer might not happen.
The delays to the Gareth Bale deal and Ronaldo’s uncertainty about how Sir Alex Ferguson’s retirement might affect that club are cited as the main reasons why it didn’t happen this summer.