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Manchester United's £150m wage bill

Manchester United paid out more than £150m in wages last season according to the accounts which were published by the club on Thursday.

The English champions saw their wage bill grow by 16.1% over the year, though this was in part due to bonus payments made following their success in various competitions. The club also saw their staff headcount swell by 36 to 628.

The club's overall financial outlook looks relatively healthy compared to the previous year's figures. Revenues increased by 15.7% to £331.4m and revenues increased by 9.6% to £110.9m.

United made a pre-tax profit of £29.7m, this compared with a loss of more than £108.9m in the previous financial year.

All of this will be seen as good news for the Glazer family who own the club, they are set to float a percentage of the club's shares on the Singapore Stock Exchange later this year and the healthy financial picture is sure to attact further significant investment.

Matt Morris

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