Manchester United have accepted Harry Kane will be beyond their financial reach this summer, according to the Guardian.
Kane’s future has been the source of much speculation lately. Just today we’ve already relayed a report from Italian outlet Corriere dello Sport claiming Juventus are interested in signing the England captain, and a Daily Express story suggesting Spurs might ask Manchester United for Anthony Martial in part exchange for Kane.
However, it looks as if United’s pursuit of Kane is over. The Guardian believes new financial restrictions caused by the ongoing coronavirus crisis have seen the Red Devils re-evaluate their summer spending plans. Subsequently, United have apparently accepted that players of Kane’s stature are out of reach.
The report says Kane is valued at around £150 million by Tottenham as his current contract does not expire until the summer of 2024. It is thought United simply cannot afford such a fee due to the present uncertainty in the market.
That’s certainly good news for Spurs, although similar financial restrictions could also affect Jose Mourinho’s summer spending plans. Only time will tell to what extent.