Erik ten Hag, the manager of Manchester United, has warned that the club could face a similar fate to Chelsea if they fail to spend the money from their takeover in a wise manner. Ten Hag’s comments come as United’s potential new owners, Sir Jim Ratcliffe and Sheikh Jassim bin Hamad Al-Thani, are expected to provide additional financial resources. Chelsea, despite spending nearly £600 million on new players after a consortium led by Todd Boehly acquired the club, have struggled and currently sit in 12th place in the Premier League.
Ten Hag emphasized the importance of having a clear strategy and making smart investments when it comes to spending large sums of money. He pointed out that simply having money is not enough; it must be utilized effectively. He stressed the need for a comprehensive plan behind the spending, stating that without the right strategy, money alone cannot guarantee success.
While United has made progress under Ten Hag, winning the Carabao Cup and having a chance to win the FA Cup, the manager cautioned that the club must continue to make the right decisions in the transfer market to maintain their upward trajectory. With many rival clubs expected to strengthen in the summer, Ten Hag believes it is crucial for United to make wise choices regarding new players to compete at the highest level.
Regarding transfer rumors, Ten Hag refused to rule out a move for Paris Saint-Germain star Neymar Jr., but did not provide any specific details or confirmations. He also avoided commenting on the recent allegations of Manchester City’s financial rule violations, stating that it is not his place to make judgments and that the investigation should run its course.