Interesting article from Luckhurst today about the Sancho transfer. This is his main point:
"Amid the ongoing uncertainty over the coronavirus pandemic and the delay to supporters returning to stadiums, United sources insist the extension to their financial results allows them to offer investors as much clarity as possible due to developing events.
United will complete their fiscal first quarter on September 30 2020 and any transfer activity before that date would be reflected in the financial reporting and accounts dated September 30, which would then be reported to investors in mid-November.
There is an incentive for United to delay any bid for Sancho until after September 30, which would mean the transfer would only be reflected in the fiscal second quarter accounts ending December 31 2020. As a public company, there is logic in United delaying a bid until between October 1-5, given the benefit of reporting such a material transaction in the quarter ending December 31, rather than in the current quarter that will detail severe losses."
https://www.manchestereveningnews.co.uk/sport/football/man-utd-transfers-jadon-sancho-18983507