Man Utd out of Harry Kane race as Glazers set ‘£65m budget’ for new forward

Manchester United are reportedly out of the race to sign Harry Kane after being set a meagre £65million budget.

Tottenham talisman Kane has several of Europe’s biggest clubs pursuing him in what could finally be the summer where he leaves the north Londoners.

Chelsea, Real Madrid, Bayern Munich and United have all been closely linked with the 29-year-old. Spurs chairman Yet Daniel Levy does not want to sell to a direct London rival and Real Madrid are understood to have turned their attention to signing Kylian Mbappe.

But despite having the opportunity to land their long-time target and needing a world class striker, Red Devils manager Erik ten Hag has not been allocated enough funds to sign Kane by club bosses.

READ MORE: Harry Kane alerts Chelsea as new home to be built 15 miles from their training ground

United are close to finalising the £55m transfer of Mason Mount for Chelsea. That means the Old Trafford side have just £65m left to buy a striker, which is “nowhere near enough” to appease Ten Hag according to Manchester Evening News.

Such a lowly sum will not be entertained by Spurs, who rejected a £60m offer from German giants Bayern last week. And it is unlikely to impress Ten Hag, who cited the importance of investment into his squad ahead of the transfer window.

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Kane has just one year left on his contract but has been slapped with a £100m price-tag in an attempt by Levy to deter potential suitors, according to the Evening Standard.

With United’s financial restraints, Bayern are now leading the race having agreeing personal terms with the England captain. Sky Sports reports the Bundesliga champions will come in with a revised offer in the coming days, though they would need to drastically increase their initial figure.

Meanwhile, Chelsea may have been given fresh hope after The Telegraph reported Kane is building a new house just 15 miles away from the Chelsea training ground.

The possibility of being reunited with ex-Spurs manager Mauricio Pochettino at Stamford Bridge could tempt Kane to seek the Blues as a suitable next step.

Chelsea have the financial power to offer a more realistic bid for Kane as the legendary forward grows increasingly restless at being yet to win any silverware in his career.

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