Manchester United spend only 50% of their turnover on wages
Were Manchester United right to get rid of David Moyes as manager after a mere 10 months in charge? It was hasty. But then, the average tenure of all current Premier League managers is 1.57 years. Life is brief at the top.
The Daily Mirror has statistics to prove that under Louis Van Gaal, Man United are a tougher prospect.
Was Moyes hindered by taking over the champions of England?
The facts show that United are on the up once more.
But at what cost? Have they spent too much on chasing success? The Times has more figures. As a percent of turnover, Manchester United spend least of all on players’ wages.
The BBC notes that Chelsea have the best point-to-wages ratio. Jose Mourinho is getting more return from the club’s investment in players than Van Gaal is.
But what about debt?
The Mail says Chelsea are whopping £958m in debt; Manchester United are £342m in debt; and – get this – Manchester City apparently have a debt of just £67m. In May 2014, the Telegraph noted that “over £680m has gone towards interest fees, bank charges and debt repayment” to finance the debt since the Glazer family took over the club.
Imagine the team that could have bought…?