Manchester United hit $1 billion – big salary increases behind it

Manchester United are showing grim numbers according to the club’s latest report.

Last year, they returned over a billion kronor due to increased wage costs.

Manchester United She didn’t hold back when it came to spending money. Last year, the club paid nearly five billion kronor in wages, an amount that means a record number in the Premier League and its history. The amount can also be compared to the 772 million crowns spent on salaries for the previous season.

The report also shows that the club paid SEK 300 million to previously sacked coaches Ole Gunnar Solskjaer and Ralf Rangnick and their management staff, according to the Daily Mirror.

“Don’t plan to be active”

After big investments in the summer transfer window, Manchester United appear to be going through another tough time financially, but according to club manager John Murtaug, they plan to cut costs going forward.

– In general, we are ahead of schedule in our staffing plans, and do not plan to be active during future transfer periods. As always, our focus is on the summer transfer window, says Murtog according to The Sun.

The numbers angered supporters

The reported loss figures were not well received by Manchester United supporters, who were unhappy with the way the club was run by the Glazer family. Fans hope the negative financial results will contribute to the family selling the club.

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