• Football
  • Boxing
  • UFC
  • Home
  • Football
    • England
    • Transfer News
    • Premier League
    • Champions League
    • Lionel Messi
    • Cristiano Ronaldo
    • EA FC 25
    • Wrexham
  • Boxing
    • Tyson Fury
    • Anthony Joshua
    • Oleksandr Usyk
    • Mike Tyson
    • Jake Paul
    • Logan Paul
  • UFC
    • Dana White
    • Conor McGregor
    • Khabib Nurmagomedov
    • Jon Jones
    • Paddy Pimblett
    • Joe Rogan
  • Other Sport
    • Athletics
    • Formula 1
    • MMA
    • Motorsport
    • NBA
    • Darts
    • NFL
    • Snooker
    • Wrestling
    • Tennis
    • Cricket
    • Golf
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
Snapchat
TikTok
YouTube
Financial expert identifies worrying change at Man Utd since Sir Alex Ferguson's retirement

Home> Football

Published 14:50 26 Jan 2023 GMT

Financial expert identifies worrying change at Man Utd since Sir Alex Ferguson's retirement

Football finance expert Kieran Maguire has identified a worrying trend for Manchester United since the retirement of Sir Alex Ferguson.

Ryan Smart

Ryan Smart

Football finance expert Kieran Maguire has identified a worrying trend for Manchester United since the retirement of Sir Alex Ferguson in 2013.

United are one of the richest clubs in world football, and have spent more than £1 billion on transfer fees alone since Ferguson decided to call an end to his days in management.

They have twice broken their existing transfer record since then, with the move for Paul Pogba from Juventus for £89 million standing as their biggest transfer.

Advert

That hasn't translated to on-field success, with United having not won the Premier League title since Ferguson's final season in 2013.

Their most recent trophy was won in 2017, part of a season where they lifted three separate trophies under Jose Mourinho.

But United have continued to spend big on transfers and wages throughout their barren spell at league level - and that has come at a cost.

Finance expert analyses key Man Utd problem

Maguire, who lectures on football finance at the University of Liverpool, told The Athletic about one of the key problems United are dealing with in relation to their big spending - as well as their £2 million-a-week losses for 2021/22.

Advert

He explained: "The first [problem] is that their costs are rising faster than their income.

"Since Sir Alex Ferguson retired as their manager in 2013, the wage-to-turnover ratio has increased from 50 per cent to 66 per cent. Thanks to Cristiano Ronaldo and other signings, last season's wage bill went up by more than £60 million to £384 million - a Premier League record."

As per Spotrac, in a table based on 2022, David de Gea is listed as United's highest earner, at £375,000-per-week.

But it was recently reported that the Spaniard was willing to accept a pay cut to extend his contract at the club, which expires this summer.

Advert

Spotrac claim that five other players currently earn more than £200,000-a-week. The Daily Mail reported earlier this month, however, that Ten Hag wished to bring in what was dubbed the 'Ronaldo rule' - that no player at the club earns more than £200,000-a-week, in an attempt to bring down the wages-to-turnover ratio.

Featured Image Credit: Alamy

Topics: Premier League, Manchester United, Sir Alex Ferguson

Ryan Smart
Ryan Smart

Live in constant hope of the top flight as a Preston North End fan. Written in the past for SPORF, GiveMeSport and more.

Advert

Advert

Advert

  • Man Utd legend Sir Alex Ferguson refused to speak to the BBC for SEVEN years in bitter dispute over his son
  • Sir Alex Ferguson ripped into former Man Utd star for what he allowed Cristiano Ronaldo to do
  • Ex-Man Utd star names the one player who was treated different to everyone else and was like a son to Sir Alex Ferguson
  • Sir Alex Ferguson's reaction to having his Man Utd contract brutally axed by INEOS revealed by club 'source'

Choose your content:

an hour ago
2 hours ago
  • an hour ago

    Viktor Gyokeres transfer saga takes ANOTHER twist after key issue during negotiations that could end deal

    Arsenal are hoping to complete a deal for the Sporting striker.

    Football
  • an hour ago

    Chelsea fans are convinced one player needs to leave following win over Fluminense in Club World Cup

    Chelsea are in the final of the FIFA Club World Cup.

    Football
  • 2 hours ago

    Arsenal 'planning' sensational swap deal with Crystal Palace to sign Eberechi Eze and it's pure genius

    Mikel Arteta is desperate to add the Crystal Palace man to his squad.

    Football
  • 2 hours ago

    Barcelona prepared to issue ultimate humiliation to Marcus Rashford as Man Utd star makes shock Carrington appearance

    Marcus Rashford continues to be linked with a move away from Manchester United.

    Football