Tag Archives: money

Will the Sanchez Deal Prove Toxic for Man Utd?

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Source: Statista

Professional footballers receive massive wage packets and those plying their trade at Manchester United are obviously no exception. Alexis Sanchez has just sealed a lucrative switch from Arsenal to the Red Devils and according to media reports, the Chilean superstar is going to be the club’s highest earner by a considerable distance. Those reports claim the Chilean will get a whopping £450,000 a week in exchange for his services.

Unsurprisingly, your Pogbas and your Lukakus have something to say about that. Reports earlier this week claimed that Paul Pogba in particular was livid with the fact that Sanchez is set to earn more than Lukaku and De Gea combined with sources claiming the French midfielder demanded a vast increase in his weekly salary. Even though it looks like the former Gunner will be laughing all the way to the bank, his transfer could conceivably create a toxic atmosphere in the United dressing room. It’s a funny old game, isn’t it?

The Billionaire Club Bosses

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Source: Statista

Billionaires are buying sports clubs all over the world. According to a report by UBS and PwC, more than 140 top sports clubs are owned by just 109 billionaires. Sixty of those super-rich club owners are from the U.S., 29 from Asia and 20 from Europe. The average age of the wealthy sports baron is 68 years, with an average wealth of $5 billion under their wings.

In the U.S., more than two thirds of the NBA and NFL teams, and half of the MLB teams, are owned by billionaires. In the UK, almost half (9 out of 20) Premier League soccer clubs are governed by billionaires, the report states. While Chinese tycoons were erstwhile investing a lot in European soccer, they have now turned to their own market, investing heavily in China itself.