FacebookInstagramTwitterContact

 

Toronto FC's Lorenzo Insigne Feels No Pressure As MLS' Top Earner           >>           Gareth Bale Completes LAFC Move On Year-Long Contract           >>           Toxic Gas Leak At Jordan's Aqaba Port Kills 11, Injures Hundreds           >>           Ukraine War: G7 Pledges To Stay With Ukraine Until The End           >>           Texas Migrant Deaths: At Least 46 Found Dead In Abandoned Lorry           >>           South Africa Police Try To Unravel Mystery Of Tavern Deaths           >>           Bangladesh Floods: 'I Have Nothing Left Except My Life'           >>           1,185 Kes Baharu COVID-19 Dicatatkan           >>           55,525 Keputusan ART Dilaporkan Dalam Seminggu           >>           Tingkatkan Kebolehan Dalam Penyelesaian Pertikaian           >>          

 

SHARE THIS ARTICLE




REACH US


GENERAL INQUIRY

[email protected]

 

ADVERTISING

[email protected]

 

PRESS RELEASE

[email protected]

 

HOTLINE

+673 222-0178 [Office Hour]

+673 223-6740 [Fax]

 



Upcoming Events





Prayer Times


The prayer times for Brunei-Muara and Temburong districts. For Tutong add 1 minute and for Belait add 3 minutes.


Imsak

: 04:36AM

Subuh

: 04:46AM

Syuruk

: 06:11AM

Doha

: 06:35AM

Zohor

: 12:24PM

Asar

: 03:50PM

Maghrib

: 06:35PM

Isyak

: 07:51PM

 



The Business Directory


 

 



World_Sp


  Home > World_Sp


Man United Record Biggest Transfer Loss, Spending €1bn On Players


Manchester United have seen little return for their investment. Michael Regan - The FA | The FA via Getty Images

 


 February 8th, 2022  |  15:33 PM  |   300 views

ENGLAND

 

Manchester United have been named the club with the biggest transfer losses in the last decade, splashing out more than €1 billion ($1.14bn) on players.

 

A study published by Switzerland-based independent research group CIES Football Observatory revealed United had a net spend of €1.075bn since 2012, spending €1.545bn on transfers while making €470 million back in player sales.

 

United broke the Premier League transfer record to sign Paul Pogba in 2016 for £89.5m ($120.89m) but are set to make no return on the midfielder, who has failed to meet expectations and can leave for free at the end of the season when his contract expires.

 

Other costly yet unsuccessful signings include Anthony Martial, signed for £36m in 2015, and Donny van de Beek, who cost the club £40m in 2020. Both players left on loan last month, for Sevilla and Everton, respectively.

 

Their local rivals Manchester City came second with a net spend of €984m, splashing out more than United with €1.699bn but bringing in €715m from sales.

 

Paris Saint-Germain were third with a net spend of €941m.

 

Barcelona were fourth in the list with a far lower net spend of €650m, although the Catalans have been in financial turmoil in the last year due to an inflated wage bill, which forced them to part with all-time top scorer Lionel Messi.

 

But while PSG, City and Barcelona at least have plenty of silverware to show for their indulgences in the last decade, United have largely underperformed on the pitch, above all since serial-winning manager Alex Ferguson left in 2013.

 

They have lifted only one league title since 2012, while City have won five, PSG seven and Barcelona five. United's last trophy came in 2017, the Europa League triumph under Jose Mourinho.

 

They are fourth in the Premier League, 19 points behind leaders City and on Friday were knocked out of the FA Cup by Championship second tier side Middlesbrough.

 


 

Source:
courtesy of ESPN

by Reuters

 

If you have any stories or news that you would like to share with the global online community, please feel free to share it with us by contacting us directly at [email protected]

 

Related News


Lahad Datu Lass Did Not Let Disease Stop Her From Graduating

 2022-06-27 17:42:00

Bangladesh Floods: 'I Have Nothing Left Except My Life'

 2022-06-28 14:31:09

Singapore’s Wong Says Can’t Rule Out Tightening Covid Rules: St

 2022-06-27 16:18:28