Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Schweinsteiger a £6.7m write off according to United

13 September 2016, 07:30

London - Manchester United have written off Bastian Schweinsteiger as an "exceptional" multi-million item in their latest published accounts, even though the Germany international has been sidelined by manager Jose Mourinho.

The 32-year-old joined United from Bayern Munich before the start of last season when former manager Louis van Gaal was still in charge at Old Trafford.

But he has fallen out of favour under new boss Mourinho and his chances of making a comeback under the Portuguese coach looked even less likely after the club published its annual accounts on Monday.

Under the "exceptional items" section of the annual report, it listed a sum of £6.7 million "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".

It is widely understood Schweinsteiger is that individual and could not be included as an asset as it may give an unfair impression to investors.

The former Germany captain was omitted from United's Europa League squad but included in the equivalent Premier League group, although that was compulsory under league guidelines.

United's figures also indicated that van Gaal and his coaching staff were paid £8.4 million in compensation after leaving the club in May.

The Dutch manager's time at Old Trafford ended with the club lifting the FA Cup, but he was replaced by Mourinho just days later.



Read more from our Users

Submitted by
Wilson Ochieng
DP Ruto accuses Raila of selling ...

DP Wiliam Ruto has castigated Raila Odinga for seeking western support to fund his 2017 election bid. Read more...

Submitted by
William Korir
Peter Kenneth announces Uhuru 201...

Peter Kenneth has announced that he will support President Uhuru Kenyatta in the 2017 elections. Read more...

Submitted by
Wilon Ochieng
Labour Party to dump both Jubilee...

The Labour Party of Kenya is likely to avoid supportoing both the CORD and Jubilee factions during the 2017 General Elections. Read more...

Submitted by
William Korir
Ukambani MP quits Jubilee, to run...

An Ukambani MP has quit the Jubilee Party, citing voter apathy as his reason behind leaving the ruling coalition. Read more...

Submitted by
Victor Tinto
Government launches probe into Po...

The government has launched an inquiry into the circumstances that could have led to two National Police Service helicopter accidents in August and September this year. Read more...

Submitted by
Wilwon Ochieng
Deputy Governor's ally found with...

The EACC has recovered KES 2 million in fake currency from a close ally of Deputy Governor for Tharaka Nithi Eliud Mati. Read more...