Manchester United will not repeat summer spending spree – John Murtough
Manchester United’s football director John Murtough insists the level of spending seen this summer will not be repeated by the club after the wage bill hit record levels.
Sancho Sport News
Manchester United Report $130.4 Million Loss For 2021/22 Season
Manchester United on Thursday announced a net loss of 115.5 million pounds ($130.4 million, 132.2 million euros) for the 2021/22 season even though revenues rose to 583 million pounds as coronavirus restrictions eased. The financial year to June 30, 2022 also brought a 22 per cent rise in debt and a 19 per cent increase in wages. The 20-time English champions' net debt increased from 419.5 million in 2021 to 514.9 pounds million pounds. United attributed the rise in debt mainly to the fall of the pound which increased the value of US dollar borrowings.
Manchester United reveal net loss of £115.5 million last season despite increase in revenue post pandemic
Manchester United have revealed a net loss of £115.5 million from the 2021-22 season, despite revenues rising by 18 per cent to £583.2m. The normalisation of revenues after the COVID-19 pandemic, when fans were unable to attend matches, reflected in the figures.
Revenues rise but so do losses and debt for Manchester United
Manchester United have announced a net loss of £115.5m (€132m) for the 2021-22 season even though revenues rose by 18% £583m (€668m).
Manchester United debt rises to more than £514m as record wage bill revealed
Manchester United have announced a net loss of £115.5million for the 2021-22 season even though revenues rose by 18 per cent to £583m.
'Casemiro will start on the bench' - Man United fans react as Scott McTominay stars for Scotland
Manchester United fans have been expressing their delight after midfielder Scott McTominay produced an excellent performance for Scotland on Wednesday night.
Why Manchester United have seen their net debt and operating loss increase
Manchester United's net debt has risen by £95million in their latest financial results, with the club blaming the increase on dealing with losses as a result of the Covid-19 pandemic.
Antony and Jadon Sancho must do for Manchester United what Paul Pogba couldn't
To peruse a list of Manchester United's record signings is to realise just how much money has been squandered at Old Trafford in recent years.