Bastian Schweinsteiger

Manchester United Writes Off Schweinsteiger as a Financial Loss

By Stephen Fuchs on Email @StephenWFuchs

Bastian Schweinsteiger’s glory days of soccer fame are facing another major blow as his transfer to Manchester United has become a deal gone bad for the team. After already demoting the champion player by kicking him off the first-team squad, the team has now written off his contract as a financial loss.

According to The Guardian, the Manchester United financial statement included the following: “Exceptional costs for the year were £15.1m, of which £8.4m related to compensation to the former manager and certain members of the coaching staff for loss of office and £6.7m 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. Exceptional costs for the prior year were £2.3m.”

The “player no longer considered to be a member of the first team playing squad” is clearly a reference to Schweinsteiger… the man who was one of the major backbones to Germany’s national team that brought home numerous victories while he played, including the 2014 World Cup.

So why has Schweinsteiger been relegated to practicing with the youth team? Clearly at the age of 32, Schweinsteiger is not a youthful player. He is quite the opposite. Age could be, and probably is, a factor in it though as players in their 30’s are typically seen as being on their way out. It is even suggested that Bayern Munich’s willingness to let their star player go for such a small amount centers around Schweinsteiger’s age.

With two years left on his contract, Schweinsteiger could ride it out to avoid a drastic cut in his salary, but waiting would also mean trying to find a new job at a much older age of 34. The next few months could prove to be interesting for the icon, and if all else fails, the US could always use a boost. Schweinsteiger playing stateside? You never know.

Sources: The Guardian, VICE

Photo: Marcello Casal Jr/Agência Brasil

Stephen Fuchs
Stephen founded German Pulse and LGBT Germany out of a passion to introduce Americans to a Germany that goes beyond beer and polka (although with enough beer he has been known to polka it up a bit). He's a coffee addict, lover of wine and good times, a hit in the kitchen and editor of TV commercials. You can follow him on Twitter (@StephenWFuchs) to find out a lot more.
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