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Anorak News | Manchester United’s fee for Arsenal’s Alexis Sanchez confuses the Daily Mirror

Manchester United’s fee for Arsenal’s Alexis Sanchez confuses the Daily Mirror

by | 18th, January 2018

Manchester United are going to pay an “incredible” £182m for Alexis Sanchez. So says the Daily Mirror. And it’s wrong, of course. A desperate and rich United have agreed to pay a £35m transfer fee for the 29-year-old Chilean. That’s pretty much it.

But the Mirror tots up the £500,000-a-week ages Sanchez will earn before tax on a four-and-a-half year contract and adds £117m to that £35m. It then adds a further £20m Sanchez will get by way of a “signing on payment”. That’s £172m. But the Mirror conjures £182 by double counting £10m Sanchez’s agent will earn, which is already incorporated in the £35m transfer fee.

 

daily mirror sanchez

£10m becomes £20m at the stroke of a pen

 

But aside from the pisspoor accounting, readers have to imagine that United will pay Sanchez over four years wages in one tranche. They won’t, of course.

And there’s the wages. The Sun says Sanchez will earn £505,000 a week. The Mail says it’s £450,000, a week – £350,000 basic plus £100,000 in image rights. That’s a licence for United to exploit Sanchez’s name commercially on stuff like mugs and other merchandising spin-offs. Buying Sanchez is not just about buying his ability on the pitch. United will earn from Sanchez’ name. It’s not wages. It’s a partnership.

Sanchez stands to earn a fortune. But the Mirror thinks his vast income is simply not sensational enough and needs inflating.

But you can get to £180m if you include wages, fees and tax:

 

 



Posted: 18th, January 2018 | In: Arsenal, manchester united, Money, News, Sports, Tabloids Comment (1) | TrackBack | Permalink