Man Utd in another Jadon Sancho transfer blow as Borussia Dortmund CEO insists they do NOT need to sell

MANCHESTER UNITED'S hopes of luring Jadon Sancho to Old Trafford appear to have taken another blow.

Borussia Dortmund's top boss has reportedly hinted they have no need to part with the starlet, who is a top transfer target for the Red Devils.

The Daily Mail claim Dortmund's CEO believes his club do not have to sell the player to reduce their outgoings.

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Sancho, 20, has been prolific for Dortmund and helped them finish second in the Bundesliga behind Bayern Munich. 

The former Manchester City winger netted 17 goals and provided 17 assists in the league this season.

And the London-born starlet’s form has led to his employers placing a whopping £108million price tag on his head. 

However, Manchester United are thought to be reluctant to meet the entire eye-watering cost upfront. 

We have succeeded in generating such a high level of liquidity that we can withstand this pandemic for a very long time

This month SunSport reported United want to pay an initial £70million that could rise to £110m based on honours and appearances.

However, Dortmund are thought to want more upfront for the England international. 

The Bundesliga side revealed they made a club loss of £45million primarily because of the Covid-19 pandemic.

However, despite their income taking a hit, the club insists they have no financial need to part with one of their main stars.

Speaking about Sancho Dortmund chief Hans-Joachim Watzke said: "We weren't in a situation where we had to sell at any cost.

“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.”

Despite his confidence in the club’s sound financial situation Watzke has revealed Dortmund’s playing personnel will continue to be paid reduced salaries.

It is thought the wage reduction is expected to last until at least the end of 2020, or until fans are allowed back to Siguna Iduna Park. 

Watzke added: “The team agreed to an agreement in March that it is valid until December 31. 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."

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