Man Utd vow to make MORE signings for Erik ten Hag despite racking up huge £116m net loss after summer transfer spree

    MANCHESTER UNITED plan to carry on spending despite boss Erik ten Hag already splashing out a club record £220million.

    Financial results released on Thursday show the Red Devils made a net loss of £115.5m for the 2021-22 season.

    Man Utd will continue spending despite Ten Hag's summer splurge

    1

    Man Utd will continue spending despite Ten Hag’s summer splurgeCredit: PA

    They also had the highest wage bill in Premier League history at £384.2m — beating the £355m set by Manchester City.

    Axing Ole Gunnar Solskjaer, his interim successor Ralf Rangnick and other staff cost them a further £24.7m.

    New boss Ten Hag was backed with big-money signings Antony, Casemiro and Lisandro Martinez among others.

    Christian Eriksen on a free transfer wasn’t cheap either due to wages and signing on fees.

    Ronaldo picks up goal award, De Jong reveals reason for brutal transfer snub
    PartyCasino offer: How to claim an incredible 120 FREE SPINS on Starburst

    And United’s football director, John Murtough, said: “We will continue to support Erik in ensuring he has players with the right quality and characters to achieve success.

    “But we do not anticipate the same level of activity in future windows.”

    The new figures show losses rose by £23.3m, while the net debt increased from £419.5m to £514.9m.

    Fans group, the Manchester United Supporters Trust, criticised the owners, the Glazer family, for taking a dividend out of the club — despite disappointing results on and off the pitch.

    Most read in Football

    HOW TO GET FREE BETS ON FOOTBALL

    Their statement read: “There should be no rewards for failure.

    “Representatives will now be calling for an urgent review of the club dividend policy.”

    Source

    Previous articleTottenham boss Antonio Conte ‘has made us feel like winners’ says Matt Doherty while Ryan Sessegnon credits the Spurs boss for ‘changing the mentality inside of me’