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Finance expert: Erik ten Hag's FFP-busting plot revealed after £384m Man United payout
Man United are “comfortable” when it comes to their wage bill and meeting Financial Fair Play regulations this season.
That is the opinion of Dr Dan Plumley, who spoke exclusively to Football Insider about any financial regulations threatening the higher-ups at Old Trafford.
The Athletic reported on January 26 that Man United’s finance department hosted a delegation from Uefa at Old Trafford.
The meaning of the delegation is unknown, with the report speculating that it could have been an “urgent conversation” about United’s current FFP situation.
The Red Devils broke the Premier League record for the highest wages last season after recording a £384million bill.
The club have since introduced a £200,000-a-week cap on new contracts, with Bruno Fernandes the first to cut his wages while David de Gea is also in talks with the club about a new deal.
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However, Plumley doesn’t believe that the new wage policy at Old Trafford is to help the club avoid financial punishment, but instead a cultural move by Erik ten Hag.
“Man United’s wages-to-turnover ratio back in 2018 was 50 per cent, but it has skyrocketed to 66 per cent in 2022,” Plumley explained to Football Insider.
“A lot of that was down to new signings and the huge Cristiano Ronaldo wage, which has now been removed.
“Uefa want clubs to stay below a 70 per cent threshold, so Man United are safe for now on that front – especially with no more Ronaldo.“
“So from the numbers I can see, United are comfortable within FFP regulations in terms of wages.
“I think the new structure being put in place at Old Trafford is more of a managerial and cultural change.
“Erik ten Hag is big on discipline and culture and this helps him set things straight.
“It will naturally help the club from an FFP point of view, but Man United would have been okay even had they not cut the wages.”
In other news, Man United are in advanced talks over £30m David de Gea deal