Reports suggest that Manchester United may face significant financial consequences if they are unable to secure Mason Greenwood's departure from the club within the next nine days.
On Monday, it was officially announced that both Mason Greenwood and Manchester United have reached a mutual agreement that the young forward will be leaving Old Trafford to continue his career elsewhere.
A formal statement released by the club reads as follows: "Manchester United has successfully concluded its internal investigation into the allegations brought against Mason Greenwood. This inquiry was initiated in February 2023, subsequent to the dismissal of all charges against Mason."
"All parties involved, including Mason himself, acknowledge the challenges associated with reintegrating him into the Manchester United fold. Hence, there is a consensus that his career prospects would be best pursued away from Old Trafford. Consequently, collaborative efforts will be made to facilitate this outcome for Mason."
With a mere nine days remaining in the current summer transfer window, Manchester United now faces a pressing race against time to secure a transfer for Greenwood.
According to a report from The Sun, the failure to secure a buyer for Greenwood could potentially result in substantial financial repercussions for the club in the long run.
Greenwood is currently under contract until 2025, which means Manchester United might find themselves obligated to cover his wages for an additional two years until he becomes a free agent.
Alternatively, a resolution to this ongoing situation could involve both Manchester United and Mason Greenwood agreeing on a settlement fee to terminate the contract. This approach would enable the 21-year-old player to leave the club without requiring a formal sale.
Following the announcement, Greenwood issued a statement of his own: "I wish to begin by expressing my understanding that public perceptions of me might be influenced by content seen and heard on social media platforms. I am well aware that people could jump to conclusions. I was raised with a clear understanding that violence and abuse are unequivocally wrong. I want to emphasize that I did not engage in the activities for which I was accused, and as of February, I was completely exonerated of all charges."
"However, I am not absolving myself of responsibility for errors in judgment I have made. I am ready to take accountability for my actions, which contributed to the circumstances leading up to the social media post. I am earnestly striving to grasp my duties in terms of setting a positive example as a professional footballer. Moreover, I am fully committed to the significant responsibilities of being both a father and a supportive partner."