Mason Greenwood pockets £500k as Man Utd striker accepts reality on his future

04 March 2024 , 16:12

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Mason Greenwood in action for Getafe (Image: PA)

Mason Greenwood’s image rights firm has been voluntarily placed into liquidation with the Manchester United forward, who is on loan at Spanish side Getafe, still set to bank more than half a million pounds in profit.

According to documents published on Companies House, a voluntary liquidator was appointed to TSM Sports on March 1st. And Greenwood, the company’s director, has declared an estimated surplus of £508,862.50 after paying bills, related to the appointment of a liquidator, totalling £4,544.50.

Those figures are according to a declaration of solvency that was signed by Greenwood, 22, in early February.

TSM was set up by Greenwood in the summer of 2019 but its closure indicates the former England international believes his public image may never recover following his arrest in January 2022.

Nike were among the sponsors to drop the forward, who was suspended by United while a police investigation was taking place. He was charged with several offences and was set to stand trial before the Crown Prosecution Service announced it would no longer be pursuing the case owing to the withdrawal of key witnesses and "new material that came to light."

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Following that decision United held an internal investigation that lasted several months and they eventually decided to loan Greenwood to La Liga minnows Getafe early this season.

He has scored six goals and created five assists in 23 appearances, with Getafe sitting 10th in the table. Despite opposition supporters from several clubs targeting him with critical chants and boos, Greenwood has impressed key decision-makers at Getafe and there are firm suggestions that the club would be keen to sign him permanently.

Mason Greenwood has not played for Man United since January 2022 and his contract expires in the summer of 2025 (Getty Images)

However that would likely mean he needs to take a severe pay cut on his current £75,000 per week deal at United, which expires in the summer of 2025.

United’s new part-owner Sir Jim Ratcliffe, whose 25 per cent purchase of the club was completed last month, recently said that they would look at Greenwood’s case when his loan concludes at the end of the season.

The INEOS chief said: “Yes, absolutely. We will make a decision and we will justify it. He’s a Manchester United footballer so we are in charge of football. So the answer is yes, we have to make decisions.”

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Alan Smith