Posted by Manchester United’s pay cost increased by 23% during the year in which Cristiano Ronaldo was recruited, according to the club’s most recent financial reports.
In the first quarter of the 2021-22 fiscal year, “employee benefit spending” increased by £16.6 million as compared to the same period the previous year.
Wages for players have increased by 23% to £88.5 million.
£17.4 million in revenue from player sales £126.5 million in revenue £439.7 million in net debt
The club spent £88.5 million on salaries in the quarter ending September 30, when Ronaldo was re-signed as well as Raphael Varane and Jadon Sancho.
This increase was partially offset by £17.4 million in player sales, mostly Dan James’ departure to Leeds, however the club did receive a sell-on fee following Romelu Lukaku’s move from Inter Milan to Chelsea.
source : fourfourtwo