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The cause of why Manchester United is losing €2m a week

By Harry Smith

The cause of why Manchester United is losing €2m a week

The club's debt has risen 22% in the last year and is approaching €600 million.

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Manchester United are not at their best in terms of revenue generation, only coming off the back of a season in which they failed to qualify for the Champions League, a very particular reason why they are making a loss as an institution. The team recorded a poor season in which they failed to achieve their sporting objectives.

 

Losses of €132.5 million were announced for the 2021-22 season, despite an 18% increase in revenue for the institution. The biggest expense is being attributed to spending on salaries, players such as Cristiano Ronaldo, Raphael Varane or Jadon Sancho, their wage bill represented a significant increase.

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There was no tour for Manchester United's pre-season in the United States or any other country to generate revenue, and the Red Devils have a very risky and visionary project, spending a record amount for the team on transfers this summer transfer window, with more than €250 million spent.

 

The team invests in Erik ten Hag's project with alarming numbers

 

The team is going through a sporting crisis, in the last ten years they have invested in many projects that have not worked out. Manchester City have won five Premier League titles in this period and the Red Devils have not found the necessary consistency to be able to compete for major championships. Manchester United is losing €2 million a week and the debt is mounting.

 

 

 


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