Money Week

Who’s getting what

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● Footballer Cristiano Ronaldo (pictured) returned to Manchester United this month to reclaim the number 7 shirt, 12 years after leaving the club. The 36-year-old striker is being paid around £500,000 a week, and cost the club €15m (£12.9m) in transfer fees to his former club, Juventus. However, that amount was recovered before he had even set foot on the pitch, says the Daily Mirror. The club has sold £187m worth of replica shirts, earning it £13.1m in commission.

● Staff at the Financial Conduct Authority (FCA) will have pay rises reinstated in April 2022, says Financial News. A freeze on those earning over £24,000 meant that just 6% of FCA staff received a pay rise in 2021, compared with 81% in 2020. Median pay at the FCA is £55,000. Bonuses for 2022 will be restricted to “a select group of 25% of its workforce”, sparking calls for employees to unionise. Bosses acknowledg­ed the bonus freeze had caused “some anxiety” in the workforce, and will hold “weekly morale-boosting meetings” to “better explain changes proposed by its new chief executive Nikhil Rathi”, who is on an annual salary of £455,000.

● Five executives at US drugmaker Purdue Pharma will share bonuses of up to $7.1m after a judge signed off on an incentive plan, reports Reuters. Purdue, which made OxyContin, the drug at the centre of the US’s opioid-addiction crisis which has killed 500,000 Americans since 1999, is being restructur­ed as part of a $10bn settlement for opioid-related lawsuits.

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