Rooney's Wage Bill Adds to Slump in Man U Profits

Evening Standard - London › March 22, 2005

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Summary

MANCHESTER United today admitted that it is struggling to contain its spiralling wage bill as it unveiled a halving in profits.

The world's wealthiest football club said that the signings of Wayne Rooney and Alan Smith, combined with manager Sir Alex Ferguson's lucrative new contract, had piled Pounds 5 million on to its running costs.

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Extract

Rooney's Wage Bill Adds to Slump in Man U Profits

Chairman Sir Roy Gardner blamed "competit...

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