Manchester United Owners To Pay Out Record $7.8M In Bonuses To Club's Staff
EPL club Manchester United will "pay out a record" US$7.85M in bonuses to more than 500 of the team's staff members, according to Neil Ashton of the London DAILY MAIL. ManU Owners the Glazer family wrote to employees last Monday "to tell them they are all in line for a 7.9 per cent bonus on their annual salary in recognition of the club's success." Some members of staff, such as CEO David Gill, who makes US$3.14M annually, "will net just under" US$251,109. The Glazers were "determined to reward staff across the board after another hugely successful season at Old Trafford." ManU won a record 19th EPL title and reached its third Champions League final in four years. Meanwhile, performance "off the field has also been reflected in the Glazers decision to give staff record bonuses." Staff members have been on "performance-related pay since the Glazers took over in 2003, but the bonuses announced to staff are a record." ManU employs "620 people at Old Trafford, Carrington and at their commercial offices in London." Around "520 are non-playing staff and they have all been told the extra money will appear in next month's salary." The Glazers are "delighted with the team's progress and commercial revenue is also at an all-time high" (London DAILY MAIL, 9/20).