Ed Woodward, executive vice-chairman of Man Utd
Ed Woodward, executive vice-chairman of Man Utd

Manchester United staff have each been given £1,000 worth of shares in a move that will cost the club in excess of £700,000.

The gift is for all permanent employees, both part-time and full-time, and they were given the news on Friday. It excludes manager Jose Mourinho, his players, coaching staff and club directors.

The shares will be given at $16.88 (£13.14), the price they closed at on Friday.

However, they will not be paid until June 2018. The club will also pay the income tax liability, which will be due at the same time, on the shares.
BBC


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