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Mason Greenwood pockets £500k windfall as Man Utd 'set date' for return decision

Mason Greenwood pockets £500k windfall as Man Utd 'set date' for return decision

He has pocketed a £500k windfall.

Mason Greenwood has wound up his image rights firm and pocketed a £500k windfall in the process.

According to the Sun, Greenwood, who set up TSM Sports in 2019, has opted to shelve the company.

In January 2022, the forward was arrested on suspicion of rape, controlling behaviour and assault - charges which Greenwood vehemently denied and that were later dropped.

The player signed a declaration of solvency on February 9 which reported the company had £513,287 in the bank and was due a £120 VAT refund, while he appointed liquidators for TSM Sports on March 3.

Paperwork filed at Companies House shows that Greenwood was due £508,863 from the liquidation, having paid £4,544 in bills.

The forward, who has been on loan from United at La Liga side Getafe since last summer, filed four sets of accounts for the firm. Greenwood and his father Andrew are directors of the company.

TSM Sports banked £400,000 in earnings from the time it was set up to March 2020, plus a further million in profits by 2022. It made £530,000 last year.

Players earn cash from clubs from the sale of merchandise that bears their name as well as from their “nicknames, slogan and signatures, image, likeness, voice, logos, initials, team or squad number”.

Greenwood has spent the season on loan at Getafe (Getty)
Greenwood has spent the season on loan at Getafe (Getty)

United’s new minority owner Sir Jim Ratcliffe, who has taken charge of football operations at the club, left the door open for a Greenwood return in February.

In an interview with the Athletic, Ratcliffe said: "We need to look at facts, judge fairly and take into consideration what the values of the club are.

“Then we come out of that with a decision. It is not appropriate for me to comment on Mason Greenwood."

The Sun subsequently claimed that the petrochemicals billionaire wants to decide on Greenwood’s United future by the end of May.

Ratcliffe is thought to have tasked his team of advisers to make resolving the matter a “priority” between now and the end of the season.

Featured Image Credit: Getty

Topics: Mason Greenwood, Manchester United, Football, Premier League, La Liga