Man Utd vowed to make MORE signings for Erik ten Hag despite posting a huge £116m net loss after summer transfer frenzy

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MANCHESTER UNITED plan to proceed spending despite boss Erik ten Hag having already spent a club-record £220million.

Monetary outcomes launched on Thursday present the Crimson Devils have made a net loss of £115.5million for the 2021-22 season.

Man Utd set to continue spending despite Ten Hag's summer glory

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Man Utd set to proceed spending despite Ten Hag’s summer gloryCredit score: PA

In addition they had the best wage invoice in Premier League historical past at £384.2m – beating the £355m set by Manchester Metropolis.

The ax of Ole Gunnar Solskjaer, his provisional successor Ralf Rangnick and different associates price them a additional £24.7million.

New boss Ten Hag was joined by new signings Antony, Casemiro and Lisandro Martinez, amongst others.

Christian Eriksen’s free transfer wasn’t low cost both when it comes to salaries and signing charges.

And United’s director of soccer John Murtough stated: “We are going to proceed to help Erik to guarantee he has gamers of the proper high quality and character to thrive.

“However we don’t anticipate the identical degree of exercise in future home windows.”

The brand new figures present losses have risen by £23.3m whereas net debt has risen to £514.9m from £419.5m.

The supporters group, the Manchester United Supporters Belief, has criticized house owners, the Glazer household, for taking a dividend from the membership – despite disappointing outcomes on and off the pitch.

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Her clarification learn: “There ought to be no rewards for failure.

“Representatives will now name for an pressing overview of the membership’s dividend coverage.”

https://www.NewsMixed.com/sport/6283962/man-utd-ten-hag-more-signings-huge-net-loss/ Man Utd vowed to make MORE signings for Erik ten Hag despite posting a huge £116m net loss after summer transfer frenzy


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