Top earner Ronaldo
The English record champions Manchester United want to reduce their spending on new players in the coming transfer windows. “We are ahead of schedule with our plans announced for the start of the summer and we don’t expect the same level of activity in the upcoming transfer windows,” football director John Murtough told the AP news agency on Thursday.
With expenditures of 240 million euros, Man United was one of the clubs with the highest purchasing power this summer – only league competitor FC Chelsea (282 million euros) spent more worldwide. For the “Red Devils” the sum meant a club-internal expenditure record. For the upheaval under the new coach Erik ten Hag, the Brazilian Antony (22) from ten Hag’s former club Ajax Amsterdam and his compatriot Casemiro (30) from Real Madrid were committed.
Antony ranked 2nd: Manchester United’s most expensive purchases
Manchester United have reported a loss of just over €130m for the 2021/22 season, which saw three managers on the payroll in Ole Gunnar Solskjaer, briefly Michael Carrick and Ralf Rangnick, despite revenue up 18 per cent to €667m . The club’s net debt grew from €480m in 2021 to €589m this year, an increase of more than 22 per cent.
Manchester United with record salaries and high severance payments for coaches
In addition to the absence of the 2021 summer tour or the weakness of the British pound, the salary structure also plays a major role in the financial report. As a result of the signing of players like Cristiano Ronaldo (37) – top earners with around 515,000 euros a week -, Jadon Sancho (22) and Raphaël Varane (29) last summer, salaries rose by 19 percent to 440 million euros. That sum is the highest in Premier League history and surpasses Manchester City’s previous mark (€406m) – in the end, Man United failed to qualify for the Champions League.
Highest salary costs in the Premier League
In addition, last season’s sixth-placed severance pay for Solskjaer, who was sacked in November, and Rangnick, who left a two-year advisory job at the end of the season after initially acting as interim manager, and their respective coaching staffs totaled around around 28 million euros.
“We will continue to support Erik in ensuring he has players of the right quality and attitude to thrive while ensuring investments are aligned with our commitment to financial sustainability,” Murtough said.
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