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Manchester United Set New Record For Highest Wage Bill In Premier League History At £384.2million

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Manchester United Set New Record For Highest Wage Bill In Premier League History At £384.2million

Cristiano Ronaldo’s Manchester United return last summer helped see the club set a new record for the highest wage bill in Premier League history according to latest financial figures published by the club.

Manchester United on Thursday, September 22 posted their latest financial figures, which also showed the club’s net debt had increased.

Ronaldo is the highest-paid player at Manchester United with reported wages of around £500,000-a-week and following his arrival last season Manchester United have now soared way above other clubs in the EPL as their wage expenditure leapt up to £384.2m, a 19.1 per cent increase on their previous figures, following the big-money signings of Ronaldo, Jadon Sancho and Raphael Varane.

United’s wage increased further under new manager Erik tag Hag, who has brought in five new players this summer, including £85.5m winger Antony, £70m midfielder Casimiro and £56.7m centre-back Lisandro Martinez, but a host of big earners including Paul Pogba, Nemanja Matic, Edison Cavani and Juan Mata also left Old Trafford in the same period.United also announced a net loss of £115.5million for the 2021/22 season even though revenues rose by 18 per cent to £583m.
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Figures released incorporating the final quarter of their financial year, which ended in June, showed losses rose by £23m on the previous year.

The club’s net debt also went up, from £419.5m in 2021 to £514.9m this year, an increase of more than 22 per cent.

Meanwhile, pay-offs to former manager Ole Gunnar Solskjaer and Ralf Rangnick and their associated coaching staff amounted to £24.7m.

Chief executive Richard Arnold, insisted the whole club is devoted to improving the team and getting back to the top.

“Our club’s core mission is to win football matches and entertain our fans,” Arnold said in a conference call with investors.

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“Since our last earnings report, we have strengthened our men’s first-team squad, completed a successful summer tour, and established a foundation to build from in the early stages of the 2022/23 season under our new manager Erik ten Hag.

“We have also continued to develop our women’s team with an aim of reinforcing our position among the leading clubs in the Women’s Super League.

“While there is a lot more work to do, everyone at the club is aligned on a clear strategy to deliver sustained success on the pitch and a sustainable economic model off it, to the mutual benefit of fans, shareholders, and other stakeholders.

“Clearly our on-pitch performance in finishing sixth in the Premier League last season fell short of our aims and expectations.

“In response, we have made important and necessary changes, including new leadership for the men’s first team under Erik ten Hag and the strengthening of the playing squad during the summer transfer window.”

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On the club’s overall debt, United’s chief financial officer Cliff Baty added: “Our financial results for fiscal 2022 reflect a recovery from the pandemic, a full return of fans and new commercial partnerships offset by increased investment in the playing squad.

“Our results have been adversely affected by the absence of a summer tour in July 2021, material exceptional and increased utility costs, and the impact of the weakening of sterling on our non-cash finance costs.”

Source: www.GhanaCNN.com

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Davante Adams Bio, Age, Wife, Children, Net Worth, Height, Parents, Siblings

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Davante Adams Bio, Age, Wife, Children, Net Worth, Height, Parents, Siblings

Davante Adams is a well known American football wide receiver who is currently playing for the Las Vegas Raiders of the National Football League.

Davante Adams is a well known American football wide receiver who is currently playing for the Las Vegas Raiders of the National Football League.

Davante Adams played College football at Fresno State. He was later selected by the Green Bay Packers in the second round of the 2014 NFL Draft.

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Davante Adams Biography

Davante Adams was born on December 24, 1992, in Redwood City, California, in the United States of America to Pamela Brown​​ and Douglas Brown who brought him up together with three siblings who are Doug Adams Jr., Destiny and D’aishanae.

Davante Adams Wife

Davante Adams is a married man who has been married to Devanne Villarreal since 2018. Devanne is an American personality.

Davante Adams Children

Davante Adams is a father of one child or daughter who is known as Deija Leigh Adams.

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Davante Adams Net Worth

Davante Adams is estimated to have a net worth of $25 million. His income source is diverse but playing as a football wide receiver is major.

Davante Adams Height

Davante Adams is 6 feet and an inch tall and weighs approximately 98 kg.

Davante Adams Parents

The parents of Davante Adams are Pamela Brown​​ and Douglas Brown.

Davante Adams Siblings

Davante Adams has three siblings known as Doug Adams Jr., Destiny and D’aishanae.

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Source: www.GhanaCNN.com

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Richarlison Scores Double As Ghana Lose 3-0 To Brazil In Friendly Match

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Richarlison Scores Double As Ghana Lose 3-0 To Brazil In Friendly Match

Brazil defeated Ghana 3-0 on Friday night at the Stade Oceane, France in a pre-2022 FIFA World Cup friendly game.

The Selecao scored all three goals in the first half through a Richarlison double and the opener from Marquinhos.

It was a game of two halves as the South Americans totally dominated the first before substitutions gave the Black Stars an improved display in the second.

Marquinhos headed in the opener just nine minutes into the game from a brilliant Raphinha corner that Wollacott could not keep out.

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Two minutes to the half-hour mark, Neymar set up Richarlison neatly before the latter smashed the ball into the right bottom corner to make it 2-0 for Tite’s team.

Richarlison found his second goal of the game from another Neymar assist as he headed in to make it 3-0 for the Selecao five minutes to the end of the first half.

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After the break, Otto Addo brought in Inaki Williams and Mohammed Salisu, who completely changed the flow of the game in favour of the Black Stars.

Tariq Lamptey replaced Baba Iddrisu for his Ghana debut in the 72nd minute and performed creditably well.

Ghana held on late to avoid conceding a fourth goal to finish the game 3-0 in France.

Source: www.GhanaCNN.com

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John Mahama Rallies Support For Black Stars As They Play Brazil In A Friendly

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John Mahama Rallies Support For Black Stars As They Play Brazil In A Friendly

Former President John Mahama is rallying support for the senior national football team, the Black Stars as they engaged their Brazilian counterparts in a pre-world cup friendly match later this evening in France.

Whiles admitting that the Brazilians are the clear favorites, the former president believes the Ghanaian side can take advantage of their underdog status to upset the best ranked team in the world.

Dressed in his Ghana jersey, the former president took to facebook to show support for the Black Stars.

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Ghana and Brazil have played at the senior level four times in all competitions and they won all four matches scoring 14 goals in all and conceding just two. The last two matches between the two sides were friendly which Brazil won one zero on both occasions.

The only competitive match between the two was at the one 16th stage of the 2006 World cup in Germany which ended three nil in favor of Brazil.

With the inclusion of some new players of international standards, such as Inaki Williams, Tariq Lamptey, Mohammed Salisu, Kudus Mohammed and Thomas, many football fans that the Ghana side has a chance of securing at least a draw against Brazil.

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Kick off is at 6.30pm GMT

“Soccer matches between Ghana and Brazil are always exciting to watch. In today’s friendly at the senior level, the odds seem to favour the Brazilians, but I trust our gallant team, the Black Stars. They play best as underdogs, they will rise to the occasion and make us proud.

Go Black Stars Go!

#GhanavsBrazil” Mahama writes on Facebook.

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Source: www.GhanaCNN.com

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