Across Europe, transfer windows are slowly opening, but as clubs move to line up potential deals and consider the cost of improving their squads, many of them are hit by the same regrettable realisation: The disruption to football that a global pandemic has caused leaves them with significantly less funding to work with than before.
Even the biggest have been affected: Real Madrid president Florentino Perez has lowered expectations when it comes to big signings, per El Transistor (h/t the MailOnline). Borussia Dortmund are expecting losses close to €50 million, and Manchester United are desperately trying to lower BVB's demands for Jadon Sancho, per B/R's Dean Jones.