Football

Manchester United paid €9m for Bastian Schweinsteiger

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Manchester United paid just £6.5million to sign Bastian Schweinsteiger from Bayern Munich this summer.

That is according to the chief financial officer of Schweinsteiger's first club TSV 1860 Rosenheim, who received €38,000 as part of the deal that took him to Old Trafford.

It was originally reported that the Red Devils had paid around £15m to sign the German midfielder; a substantial figure for a 31-year-old with just one year left on his contract.

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Not only that, but Schweinsteiger struggled to find form and fitness last season and saw his game time severally limited by the arrival of Xabi Alonso.

Unsurprisingly, fans and pundits alike were left unconvinced by Louis van Gaal's decision to spend £15m, regardless of how deep his pockets are. However, according to Sandro Sacco, the true fee was less than half of what many publications claimed.

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The confirmation

"The transfer fee for Bastian was nine million euros and we were credited for two years," Sacco said in a club statement.

"We will receive the payment in two instalments, and after deducting the advisor and legal costs, we will receive €19,000," Sacco said.

"We already received the first instalment in August."

Wage demands

While Manchester United may have grabbed a potential bargain, they have certainly shelled out when it comes to wages. The Telegraph report that Schweinsteiger will be paid an incredible £220,000-a-week over his three-year contract, totalling almost £35m.

Add that to the transfer fee and the World Cup winner will cost the Red Devils over £40m by the time his contract expires in 2018. So is he still a bargain?

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Topics:
Football
Bastian Schweinsteiger
Transfer News
Bayern Munich
Premier League
Manchester United

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