By Adam Williams, Finance & Governance Correspondent

23rd Feb, 2023 | 6:58pm

Revealed: Man United could now be hit with £112m bill as paperwork is filed

Man United could fork out over £112million in bonuses to those currently on their payroll, Football Insider analysis shows.

The Red Devils filed their annual accounts for 2021-22 with Companies House on Tuesday (21 February), revealing a £119m loss on turnover of £540m.

The contingent liabilities section of the books shows that United could pay first-team stars as much as £100.6m, while staff could bank as much as £11.8m collectively.

Those payments are actionable if certain conditions are met – £69.1m is attributable to number of appearances made for the club, £11.3m is contingent on international appearances, and £32m is on offer for winning individual awards.

The £112m total figure is over £20m higher than United’s contingent liabilities in their last annual report.

The balance sheet, a snapshot of the club’s finances at the end of the accounting period, was taken on 30 June 2022.

That means that the bonus figure does not take into account the departure of top-earner Cristiano Ronaldo, whose contract was terminated by mutual consent ahead of his move to Saudi Arabia side Al Nassr.

But the Portuguese superstar’s bonus bill is likely offset by the arrivals of Antony, Casemiro, Lisandro Martinez, and Tyrell Malacia, all of whom joined the club after the balance sheet date.

United’s bonus bill is almost certain to skyrocket in the coming year as the club moves towards an incentivised contract framework.

It has been widely reported that the initiative, driven by manager Erik ten Hag as part of his wider blueprints for a cultural reset at Old Trafford, will see United stars’ base wages capped at £200,000 per week.

David de Gea, Casemiro, Harry Maguire and Raphael Varane are among the players who will be affected by the revised structure.

It remains to be seen whether the next ownership regime backs Ten Hag’s payment strategy, however.

The Glazer family put United up for sale in November last year and are courting offers from four investment groups, including a state-affiliated Qatari consortium and Ineos, the petrochemicals company fronted by Britain’s richest man Sir Jim Ratcliffe.

In other news, Aaron Wan-Bissaka giving serious thought to quitting Man United.