Swiss Ramble did a big breakdown of United's financial situation recently, looking mainly at what they are worth in a sale. But two of the things that came out were that they had a really low cash-on-hand balance by Q1 of the 22-23 football year (ie, this past summer/early fall) and that they have amassed a lot of debt recently, including a ton of transfer debt owed to other teams that is likely to come due as well as some short term borrowing they did recently to fund transfer market expenditures.
My guess is that they don't want to take on any more debt right now during the sales process, as this would alter some fundamental aspects of the financials that Raine is giving out to potential bidders, and they just don't have the cash on hand for much activity in January.
My guess is that they don't want to take on any more debt right now during the sales process, as this would alter some fundamental aspects of the financials that Raine is giving out to potential bidders, and they just don't have the cash on hand for much activity in January.