Manchester United recently presented their annual financial report, which revealed that one of club's highest earners who was axed by Jose Mourinho is not seen as an asset, and also how much the club paid sacked boss Louis van Gaal and his coaching team.
United vice chairman Ed Woodward presented a new record revenue of £515.3 million (R9.8 billion) for the 2016 financial year, which made United the first English club to boast a revenue of more than £500 million (R9.5 billion).
Under the "exceptional items" section of the report, a sum of £6.7 million (R127 million) is listed as "related to a registrations' impairment charge regarding a reduction in the carrying value of a player no longer considered to be a member of the first team playing squad".
According to ESPN and Press Association, this refers to Bastian Schweinsteiger, who has been axed from the first team squad by Mourinho.
The 32-year-old reportedly earns £200 000 (R3.8 million) at the English giants but has been forced to train with United's reserve team and is not even allowed to play for the youngsters. As a consequence, he was not included as an asset in the financial report in order to not give an unfair impression to investors.
Schweinsteiger's days at Old Trafford seem numbered, even though he was included in Mourinho's Premier League squad for the season, with reports suggesting the Red Devils had to register the retired Germany captain to comply with league rules.
Woodward's financial update also revealed that Van Gaal and his coaching team received £8.4 million (R159 million) in compensation after they were sacked in May.
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