Clubs will not splurge on transfers when football resumes - Woodward


FILE PHOTO: Soccer Football - Carabao Cup - Semi Final Second Leg - Manchester City v Manchester United - Etihad Stadium, Manchester, Britain - January 29, 2020 Manchester United executive vice-chairman Ed Woodward in the stands before the match REUTERS/Phil Noble

(Reuters) - Manchester United chief executive Ed Woodward says clubs will not spend "hundreds of millions" when signing new players in the transfer window as they will be mindful of the financial impact of the COVID-19 pandemic.

Professional soccer in England has been suspended since March 13 due to the new coronavirus and many English clubs have seen a loss in revenue due to the stoppage, leading to non-playing staff being furloughed.

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