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Manchester United on course for £387m surge past Liverpool despite £92m blow

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Manchester United have seen their wage bill rise to within £2.5m of Liverpool despite the club having laid bare the impact of COVID-19 on their finances over the last 12 months.

Liverpool, like most clubs including Manchester United, include all staff in their wage bill costs, including coaching, administrative and part-time matchday staff.

Despite the losses having increased and the club's commercial activity over the last 12 months having dropped from £279m to £232.2m for the past 12 months, a drop of 16.8 per cent, Manchester United's net debt decreased from £474.1m to £419.5m.

In comparison Manchester United employ 992, with 3,593 temporary matchday staff.

While the reporting period has seen United move to occupy third spot in the Premier League wage bill standings, Liverpool will likely see their wage bill push further ahead of United when the Reds' financials for the year ending May 2021 are published, likely early in 2022.

For Manchester United, £66.6m of the loss they disclosed to shareholders was attributed to a non-cash tax charge, caused by an increase in the UK corporate tax rate in relation to the US tax rate, something that could be reversed in the future if the US corporate income tax rate increases.

The costs include wages and salaries, social security costs and pension costs.
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