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.

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

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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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