Huge increase in Manchester United salaries after Ronaldo’s return

LONDON: The salary value of club Englishman Manchester United was up 23 percent over the period in which the Portuguese star Cristiano Ronaldo is back in its ranks, according to the latest data released by the club Wednesday. Fiscal year -2022 showed an increase of 16.6 million pounds ($ 22 million) in “employee benefit expenses” compared to the same period last year. The total amount spent on salaries during the quarter ended September 30, after the club returned Ronaldo to the ‘Old Trafford’ stadium, which he left in 2009 and signed French defender Raphael Varane and winger Gadon Sancho, £ 88.5m. This increase was offset by £ 17.4 million thanks to some player sales, in particularly the transfer of Daniel James to Leeds, and the club also received profits from the transfer of Belgian Romelu Lukaku from Inter Milan to Chelsea, after playing for the Red Devils between 2017 and 2019. Total revenue increased by 16.1% to £ 126.5m, in largely due to the increase in revenue on match days after fans returned after restrictions related to the Corona virus pandemic were lifted. Commercial revenue increased 7.9% to £ 64.4 million . Partial credit for the return of Ronaldo, even if the Portuguese champion arrived only in the last month of the quarter: the club, who hasn’t won any titles since 2017, has dropped to sixth in the English Premier League in this season after a series of bad games. results, in particular two defeats in home against their rivals. Liverpool were humiliated by five cleans and Manchester City (2-0). Norwegian coach Ole Gunnar Solskjaer is under pressure with the club nine points behind leaders Chelsea. (AFP)

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