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Manchester United chief executive David Gill is not concerned by what could be described as a changing financial landscape in the Premier League that has been led by rivals Manchester City.
The Old Trafford club's spending, or lack of it, has come under the spotlight in the past week after the sensational developments regarding the future of star striker Wayne Rooney.
Before he signed a new contract last Friday, the England star was reportedly close to joining City, who it has been suggested are now showing more ambition on account of a wage bill of £133million, which has rocketed up by £50m in the last year.
United's £131.7million salary outlay has therefore been overtaken in the process, but Gill is adamant that his club can still compete against their arch-rivals from across town.
Asked if he was concerned that United are now behind City in the wages league, Gill said: "No not really - I'm not concerned by that as ever since we have been a public company we have had a policy that wages should be 50 per cent or less of turnover.
"We believe we can do that and still retain and attract the stars we need on the pitch. We think that's the sensible model.
"Clubs have other models - that's their prerogative. Each to their own."
United have managed to match Chelsea on the pitch in terms of silverware since Roman Abramovich took over at Stamford Bridge.
Gill added: "That's exactly right - we have remained competitive."
United's latest financial figures earlier in October revealed that the club's wage bill is £131.7m. Chelsea's is £142m, City's £133.3m and Arsenal are fourth with £110m spent annually on salaries.
How can being "behind" City in players wages be a negative in the way this is being reported? I mean, which club wants a high wage bill?!
Posted 16:52 25th October 2010
Salary Cap.....level the playing field!
Posted 16:46 25th October 2010
I feel its very important for man united to make sure they have enough quality players and a few world class players to challenge for the premiership and the champions league ,united fans feel we need a play maker to replace Paul scholes for the future, never mind man city ,we have to look at Barcelona and real Madrid ,both have quality players in depth, we do have hot prospects coming through, but the likes of Carrick are very standard and he doesn''''t tackle,only fletcher has grown into a quality player.
Posted 16:44 25th October 2010
United and City are not a lot different in wages paid so what''''s the anti city hype all about? as David Gill rightly says each club has its own financial model... the bottom line is the liquidity of the organisation... so it is no surprise that Premier League clubs are more and more becoming owned by rich individuals or consortiums... USA sport went this way years ago and as usual we are now following.
Posted 15:57 25th October 2010
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