Thursday, September 22, 2022

WORRYING HUGE FINANCIAL LOSES AT MANCHESTER UNITED.

 This is hugely worrying times at Manchester United, for fans as well as the Glazers. 

The yearly loss for the year 2021 was 116 one hundred and sixteen million pounds.

The debt also increased to 583 Millon pounds a increase by 95 million pounds at 22 percent.

 The revenue increased to 583 million pounds. But the daily loss was 2.2 million pounds.

 The high wages were the reason which increased by19 percent to384 million pounds, this is the highest for a club in English history.

 Buying of Cristiano Ronaldo and Rafael Varane and the salary of at least six players get 300,000 three hundred thousand pounds.

 And paying 24.5 million pounds for releasing managers Ole Gunar Soljkaer and Ralf Ragnic added to the loss.

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