Manchester United have become the first Premier League team to publish their financial accounts for the 2021/22 period.
The Old Trafford side published their accounts on Thursday with the financial period showing a £115.5m pre-tax loss for the period, up £23m from the previous year with the club losing an average of £2m per week for the 2021/22 financial period.
While revenues rose to £583m, an increase of 18 per cent, wages ballooned to £384.2m, the highest that the Premier League has ever seen, as the addition of major earners, most notably that of Cristiano Ronaldo, impacted for the first time. The Ronaldo signing, as well as additions such as Jadon Sancho and Raphael Varane, contributed to a 19.1 per cent rise (£61.6m) year on year.
