Manchester United’s failure to secure a Champions League spot for next season has resulted in the club implementing drastic measures to cut costs. Reports suggest that the players will face a significant pay cut of 25%, which will save the club millions over the course of the season. While this move is undoubtedly necessary for financial stability, it will undoubtedly have a profound impact on the players’ earnings.
One player who will bear the brunt of this pay cut is Casemiro. The Brazilian midfielder, who currently earns a staggering £350,000 per week, will see his wages reduced by £97,500k, leaving him with just £262,500-per-week. This substantial deduction highlights the severity of the situation and emphasizes the financial strain that the club is under.
However, it’s not just the players who will feel the pinch. Manager Erik ten Hag is also expected to face a salary reduction of 25%. The Dutchman, who earns £9 million a year, could see his wages cut by £3 million if he manages to retain his position at the club. Ten Hag’s future at Old Trafford remains uncertain, with rumors suggesting that he may be on his way out after losing the faith of the fans.
In addition to these pay cuts, Manchester United is also looking to offload high-earning players such as Raphael Varane and Anthony Martial. By letting go of these players, the club would significantly reduce its wage bill, saving almost £600k every week. These cost-cutting measures are indicative of the financial challenges that Manchester United currently faces and highlight the need for a more sustainable approach moving forward.
The impact of these pay cuts will be felt by individual players as well. Marcus Rashford, who currently earns £300k per week, will see his wages reduced to just £225k. Similarly, club captain Bruno Fernandes will only be earning £180k per week, a significant decrease from his previous salary. These adjustments not only affect the players’ bank balances but also have the potential to impact morale within the squad.
Manchester United’s hopes of European football next season now rest on their performance in the upcoming FA Cup final against Manchester City. If they fail to secure a victory, they could miss out on European competition altogether. The pressure is on for the team to deliver and secure a place in the Europa League, which would bring in much-needed revenue and potentially alleviate some of the financial strain.
As Manchester United implements these cost-cutting measures, it is clear that the club is facing significant financial challenges. The missed opportunity of Champions League qualification has necessitated these difficult decisions, which will undoubtedly have a lasting impact on both players and staff. However, it is crucial for the club’s long-term stability to find a sustainable financial model that allows them to compete at the highest level while maintaining financial prudence. Only time will tell if these measures prove successful in achieving that balance.