MANCHESTER, England (AP) — 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 to 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.