De Bruyne's new City deal reveals EPL’s highest payroll
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Splash
  • Features
  • Videos
  • Long Read
  • Games
  • Epaper
  • More
    • COVID-19
    • Bangladesh
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Subscribe
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard
SUNDAY, MAY 22, 2022
SUNDAY, MAY 22, 2022
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Splash
  • Features
  • Videos
  • Long Read
  • Games
  • Epaper
  • More
    • COVID-19
    • Bangladesh
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Subscribe
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
De Bruyne's new City deal reveals EPL’s highest payroll

Sports

Hindustan Times
07 April, 2021, 05:55 pm
Last modified: 07 April, 2021, 06:02 pm

Related News

  • Everything up for grabs on final day as City close in on sixth title
  • Premier League most satisfying and difficult trophy to win: Guardiola
  • Premier League title race goes to wire as Man City held
  • Dazzling De Bruyne propels Man City closer to Premier League title
  • Haaland satisfies Man City's need for a striker and status

De Bruyne's new City deal reveals EPL’s highest payroll

The deal was announced as the club's annual report showed employee costs rose 11% in the last financial year to 351 million pounds ($485 million). City's payroll costs now eclipse those across Manchester at United, which dropped from 284 million pounds in the same period covering the pandemic-disrupted 2019-20 season.

Hindustan Times
07 April, 2021, 05:55 pm
Last modified: 07 April, 2021, 06:02 pm
Photo: Courtesy
Photo: Courtesy

Manchester City now has the Premier League's largest-ever wage bill, and it is set to keep on growing.

Midfielder Kevin De Bruyne secured improved terms on Wednesday with a two-year extension that contracts him to City until 2025.

The deal was announced as the club's annual report showed employee costs rose 11% in the last financial year to 351 million pounds ($485 million). City's payroll costs now eclipse those across Manchester at United, which dropped from 284 million pounds in the same period covering the pandemic-disrupted 2019-20 season.

And the footnotes of City's finance document disclose that this season's ongoing pursuit of a quadruple, while illustrious for the club, could come with a large price.

City said that additional transfer payments, signing-on fees and loyalty bonuses will be due to players and clubs of up to 158.2 million pounds "upon the achievement of certain conditions."

Pep Guardiola's side remains on course to produce its most successful season since the influx of cash from Abu Dhabi owner Sheikh Mansour, with his takeover in 2008 transforming City into one of England's most successful clubs.

City leads the standings by 14 points as it closes in on a third Premier League title in four seasons. This month there is a semifinal against Chelsea in the FA Cup and a League Cup final against Tottenham for the holders.

The one major prize to elude City is the Champions League and De Bruyne scored one of the goals that secured a 2-1 victory over Borussia Dortmund in the first leg of their quarterfinal on Tuesday. A cross from the Professional Footballers' Association's 2020 player of the year also started the move for Phil Foden to score the winner at the Etihad Stadium.

Now De Bruyne, who has won seven trophies since joining City in 2015, is reported to be earning over 300,000 pounds a week.

"This football club is geared for success," the Belgium international said. "It offers me everything I need to maximise my performance, so signing this contract was a straightforward decision. I am playing the best football of my career and I honestly feel there is more to come.

"Pep and I see football in the same way. Having that relationship with a manager is so important to me because our objectives are totally aligned, and we want the same things."

De Bruyne will be hoping there are finally fans allowed back into the stadium to see him lift the Premier League trophy in May — as is planned. The return of spectators will help to stem the flow of losses that reached 126 million pounds in 2019-20 after making a profit of 10 million pounds the previous year, as revenue during the pandemic dropped 11% to 478 million pounds.

Football

Kevin de Bruyne / manchester city / EPL Football

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Project delays: The Sinohydro style 
    Project delays: The Sinohydro style 
  • Photo: TBS
    37,000 BO account holders sell all shares in 11 days
  • Photo: Reuters
    Monkeypox: Govt puts ports on alert 

MOST VIEWED

  • 'I always said that Paris is my home': Mbappe confirms PSG extension after snubbing Real Madrid
    'I always said that Paris is my home': Mbappe confirms PSG extension after snubbing Real Madrid
  • From the left, Mehidy Hasan Miraz, Mustafizur Rahman and Imrul Kayes. Photo: Courtesy
    BCB to force Mustafiz to play Tests in West Indies
  • Photo: CSA
    Mushfiq to skip West Indies tour for Hajj pilgrimage
  • FILE PHOTO: Football - Premier League - Manchester City v Norwich City - Etihad Stadium, Manchester, Britain - July 26, 2020 Manchester City manager Pep Guardiola, as play resumes behind closed doors following the outbreak of the coronavirus disease (Covid-19). Reuters
    Everything up for grabs on final day as City close in on sixth title
  • Liverpool boss Klopp says no pressure in quadruple chase
    Liverpool boss Klopp says no pressure in quadruple chase
  • Photo: Reuters
    Wimbledon on collision course with ATP, WTA over Russia, Belarus ban

Related News

  • Everything up for grabs on final day as City close in on sixth title
  • Premier League most satisfying and difficult trophy to win: Guardiola
  • Premier League title race goes to wire as Man City held
  • Dazzling De Bruyne propels Man City closer to Premier League title
  • Haaland satisfies Man City's need for a striker and status

Features

The Buffalo shooter targeted Black people, linking mass migration with environmental degradation and other eco-fascist ideas. Photo: Reuters

Eco-fascism: The greenwashing of the far right

13h | Panorama
Green-backed Heron on a tilting stalk. Photo: Enam Ul Haque

Green-backed Heron: Nothing but a prayer to catch a fish  

15h | Panorama
Illustration: TBS

‘High logistics cost weakens Bangladesh’s competitiveness’

17h | Panorama
Every morning is a new beginning for all

Seashore

18h | In Focus

More Videos from TBS

Wheat prices double in India

Wheat prices double in India

7h | Videos
Is Washington-Moscow agreement possible?

Is Washington-Moscow agreement possible?

7h | Videos
Pigeon exhibition for the first time in Gazipur

Pigeon exhibition for the first time in Gazipur

11h | Videos
Photo: TBS

US Congress to hold first public UFO panel

13h | Videos

Most Read

1
Tk100 for bike, Tk2,400 for bus to cross Padma Bridge
Bangladesh

Tk100 for bike, Tk2,400 for bus to cross Padma Bridge

2
A packet of US five-dollar bills is inspected at the Bureau of Engraving and Printing in Washington March 26, 2015. REUTERS/Gary Cameron
Banking

Dollar hits Tk100 mark in open market

3
The story of Bangladesh becoming a major bicycle exporter
Industry

The story of Bangladesh becoming a major bicycle exporter

4
PK Halder: How a scamster rose from humble beginnings to a Tk11,000cr empire
Crime

PK Halder: How a scamster rose from humble beginnings to a Tk11,000cr empire

5
BSEC launches probe against Abul Khayer Hero and allies
Stocks

BSEC launches probe against Abul Khayer Hero and allies

6
The reception is a volumetric box-shaped room that has two glass walls on both the front and back ends and the other two walls are adorned with interior plants, wood and aluminium screens. Photo: Noor-A-Alam
Habitat

The United House: Living and working inside nature

The Business Standard
Top
  • Home
  • Entertainment
  • Sports
  • About Us
  • Bangladesh
  • International
  • Privacy Policy
  • Comment Policy
  • Contact Us
  • Economy
  • Sitemap
  • RSS

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net

Copyright © 2022 THE BUSINESS STANDARD All rights reserved. Technical Partner: RSI Lab