sports

Woodward's salary as Man Utd chief becomes top-flight's highest-paid director


Ed Woodward earned £3.09m during Manchester United’s 2019/20 season, making the club’s executive vice-chairman the highest-paid director in the Premier League.

As reported in The Independent, the club’s latest accounts show that Woodward’s salary has fallen from £3.16m during the 2018/19 season, but still leaves him as the top earner among the boardrooms of top-flight clubs over the past year.

Not all Premier League clubs list their director salaries, but the report also shows that Tottenham’s Daniel Levy saw his salary tumble from £7m to £2.96m, a total nonetheless which still makes him the second-highest paid director on the list behind Woodward.

United announced a £70m drop in expected revenue due to the effects of the pandemic back in October.



Woodward is the Premier League’s highest earning director

With matches continuing to take place behind closed doors, the club’s 2019/20 financial statement showed that overall revenue was down by 18.8 per cent from £627.1m to £509m, with the lack of Champions League football last season partly to blame.

The club’s net debt was also doubled and reached £474.1m.

United’s entire board of directors – which includes members of the Glazer family, Woodward’s predecessor David Gill and the club’s legendary former boss Sir Alex Ferguson – have banked a total of £6.78m between them.



United targeted Jadon Sancho last summer

Woodward has been seen as the man responsible for helping grow United’s commercial image off the pitch in recent years, but the club’s lack of success in the transfer market has often seen fans turn on him.

READ  Bronze and Parris chemistry too potent for Scotland | Suzanne Wrack

United tried and failed to sign the Borussia Dortmund and England winger Jadon Sancho last summer, with their repeated attempts at prising him away from the German giants proving unsuccessful.

Woodward was able to complete deals for Edinson Cavani, Alex Telles, Facundo Pellistri and Amad Diallo.

Is Woodward doing a good job? Have your say in the comments below

Sign up for the Mirror Football newsletter here





READ SOURCE

Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.  Learn more