Three-digit million loss for ManUnited

Manchester – Thursday 22/09/2022 18:17

After a turbulent summer and a catastrophic start to the season, Manchester United are on the up again.

But as the English record champions announced on Thursday, the past financial year did not exactly go according to plan. The “Red Devils” made a loss of 132 million euros by June 30, 2022.

And this despite the fact that sales increased from 590 million euros to almost 670 million euros. At 440 million euros, however, the salaries of the players on the field are the highest cost center. In addition, the dividends from shareholders (38 million) and the severance payment for former coach Ole Gunnar Solskjaer (28 million) are in the red on the balance sheet.

Missing the Champions League and the resulting lower income, such as transfer fees for Casemiro, Antony or Martinez, only appear in the business balance sheet for next year.

Source: Laola1

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