Tuesday 18 February 2014

ROONEY'S BUMPER CONTRACT AN ACT OF DESPERATION FROM UNITED




It has been reported in the media this past week that Wayne Rooney is set to sign a new contract with Manchester United which would earn him £300,000 a week (£15.6m per annum) and would have him take over as club captain next season due to the expected departures of several senior players including Nemanja Vidic, Patrice Evra and Rio Ferdinand. Such numbers will make Rooney the third highest paid player in the world behind Cristiano Ronaldo (£21m per annum), who signed a new contract with Real Madrid this season, and Lionel Messi (currently £16m per annum but set to rise), who is currently negotiating his own new contract with Barcelona which could see him overtake Ronaldo in the earning stakes.


One must question United's motives to hand Rooney this enormous sum of cash. His new contract will see him earn more than international superstars such as Radamel Falcao (Monaco), Zlatan Ibrahimovic (Paris St. Germain) and Sergio Aguero (Manchester City) who are all paid by mega-rich club owners unlike United's financial model. The logic behind the contract makes sense in terms of keeping Rooney out of Jose Mourinho and Chelsea's reach. The Portuguese was vocal about his interest in the 28 year-old striker last summer but David Moyes was able to convince Rooney to stay despite Sir Alex Ferguson's best efforts to leave him out in the cold last season. There had also been rumours of foreign interest but these were speculative at best and had Rooney left, chances are Chelsea would have been his destination.


However, is Rooney really worth £300,000 a week? Becoming the third highest paid player in the world should require incredible individual achievement. Rooney was not featured in the twenty-three names on the Ballon d'Or list nor was he even United's top scorer last season as it was Robin van Persie, 7th in the list, who fired them to Premier League glory with 30 goals in all competitions. Although David Moyes will hint that the contract is an act of consolidation, it bares hallmarks of vague desperation in that it demonstrates Rooney and his agent's ability to negotiate a huge salary safe in the knowledge that United are terrified of losing him. It also suggests that United have no confidence in replacing Rooney due to the likelihood that they will not take part in the Champions League next season. They would rather pour a fortune into the pockets of Rooney rather than scout, attract, bid for and bed in a new striker of required quality and on much lower wages no doubt.



It seems as though United will miss out on an opportunity to reduce their wage budget too. For a club whose net spending is less than that of Tottenham's over the past few seasons, United still pay out huge salaries and getting Ferdinand, Evra and Vidic off the books would have been a considerable financial boost had the money been reinvested in badly needed signings rather than offering their English talisman a figurative dump truck full of money. United's lack of maneuverability in the negotiations could be a sign of things ahead, the possibility of a season or two playing on Thursday nights in the Europa League.

D. Ray Morton, 18th February 2014.

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