Kieran Maguire: Man United set to sanction astonishing '£387m' payout
Man United expect to pay £387million in wages this season – and that means their bill has doubled over the last decade.
So says finance guru Kieran Maguire, speaking exclusively to Football Insider after United released their annual report on 20 September.
The document showed that United spent £322m in wages for the year ending June 2021.
As relayed by The Athletic two days later, United expect their wage bill to rise by around 20 per cent this season.
That £65m increase will reportedly take their annual salary outlay to £387m, the highest in English football history.
The arrival of top earner Cristiano Ronaldo, who is reported to earn £385,000-a-week, is a major contributing factor.
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And Maguire revealed by just how much United’s wage bill has ballooned in recent years.
“They are anticipating a 20 per cent increase,” he told Football Insider correspondent Adam Williams.
“The wage bill fell by £50m in 2020 because they didn’t qualify for the Champions League.
“That shows the incentivisation that is included in players’ pay packets. The players are rewarded based on performance.
“It bounced back by £50m in 2021 because they did qualify for the Champions League.
“They are budgeting for a 20 per cent rise in wages in 2021-22. That was the most intriguing figure.
“United’s wages have doubled over the last decade. In 2012, they were £162m and they are now £323m.
“It looks like they are budgeting for about £387m in 2022.”