The English Premier League club Manchester United is set to save around £50 million in yearly wages due to the recent release of the players. It can massively help the Red Devils to build up the team in a new way under the new management for the upcoming season (2022/23).
Manchester United are struggling
The most successful English Premier League team Manchester United have mostly struggled in recent times to perform up to their mark. Last season was horrific for the Red Devils, who recorded their lowest points in a Premier League season history.
Despite having the in-form Portuguese superstar Cristiano Ronaldo, Man United still failed to qualify for the UEFA Champions League 2022/23 season. Their just sixth-position finishing in the latest PL season forced them to qualify only for the UEFA Europa League 2022/23 season.
Under the new manager Erik ten Hag, Manchester United are focusing on rebuilding the team as soon as possible. In the last five seasons, the Red Devils had no trophy as the club, players, members and fans are desperate to end this embarrassing situation as soon as possible.
Retirement and contract ending help Man United to save a good amount of wages
Apart from the retirement of the English goalkeeper Lee Grant, Man United have released the players like Uruguayan forward Edison Cavani, and the midfielders Jesse Lingard (English), Juan Mata (Spanish), Nemanja Matic (Serbian) and Paul Pogba (French). All these released players are set to end their official contract with the Red Devils at the end of this month as there are very few chances for the club to add some transfer money by selling them to the other clubs.
However, Man United are reportedly ready to save the yearly wages amount of almost £48.1 million due to the exclusions of these players. Out of these £48.1 million yearly wages, Paul Pogba (£15.08 million) and Edison Cavani (£13 million) reportedly hold more than 58%.
However, while Man United reportedly spent almost £215 million yearly wages last season for the senior team, the £48.1 million yearly wages are just more than 22% of their last yearly wages budget for the players.
Interesting to see Erik ten Hag’s action
However, while Erik ten Hag-led new management team is focusing on setting up a good team ahead of the new season, this £48.1 million yearly wages can still prove very useful for them. The strong wages can attract the top players in the club.
Manchester United are likely to sell some more players from the squad. While their transfer money will play a useful role for the struggling club to add some talented names to the team, their wages can also help the club move more smoothly.
It is still a very early period for Man United as the world football is highly interested to see how the new Red Devils’ manager Erik ten Hag handles the present transfer window.