Kieran Maguire: Man United 'had no choice' after £43m development
Man United will only lose “a week’s wages for one player” from the Premier League’s decision to suspend their Russian TV deal.
That is according to finance expert Kieran Maguire, speaking exclusively to Football Insider about the call clubs were informed of at Thursday’s annual general meeting.
As reported by the BBC (9 June), the Premier League have suspended their £43million six-year TV deal with Russian broadcaster Match TV in response to the country’s invasion of Ukraine.
Premier League bosses are to have felt that they had no choice but to suspend the agreement.
It is not clear how long the suspension will last for.
When asked by Football Insider for his assessment of how the decision would impact top-flight clubs financially, Maguire said: “It is £43million over six years.
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“It works out at £350,000 per club per year. For Man United, that is a week’s wages for one player.
“I don’t think they really had much choice.
“When you look at the success of some of the deals that have been re-negotiated, especially the Scandinavian and US deal, it is miniscule. It’s not much when you compare it to the additional revenues that are coming in from audiences elsewhere in the world.”
Man United’s wage was north of £200million at the close of the 2021-22 campaign.
However, the exit of high earners such as Paul Pogba, Juan Mata, Nemanja Matic and Edinson Cavani should significantly reduce that figure.