Manchester United have been issued a hands-off warning from Borussia Dortmund over their star winger Jadon Sancho, with the club’s CEO Hans-Joachim Watzke insisting they do not need to sell him to balance the books.
Sancho is United’s No 1 target this summer but the clubs have been at loggerheads over Dortmund’s £108million asking price.
Dortmund have announced a club loss of £45m for this season – with the coronavirus pandemic the prime culprit for this deficit.
However, despite the loss of income Watzke says Dortmund are not under pressure to sell one of their main assets – with the club having been well-run for the past decade.
Speaking about the 20-year-old, Watzke said: ‘We weren’t in a situation where we had to sell at any cost.’
And expanding about the club’s financial situation he continued: ‘We made three-digit million profits and wrote deep black numbers. Then corona came and everything changed a little.
‘We have succeeded in generating such a high level of liquidity that we can withstand this pandemic for a very long time.’
However, despite their good financial footing; Watzke revealed that Dortmund players will remain on a reduced wage until the end of the year, or until fans return to Signal Iduna Park.
‘The team agreed to an agreement in March that it is valid until December 31st. Unless we can play with the maximum number of spectators.
‘The later we see spectators and the later we come to a sold-out house, the worse the result will be. That would not threaten our existence, but it is not what we want.
‘Football is extremely difficult to imagine without fans. For so long we have to persevere if it doesn’t go on for years.’