Rooney set to rejoin Everton after accepting 50% pay cut

Wayne Rooney is set to return to Everton after accepting a huge cut in wages.

However, Manchester United will have to cough out millions to pay up the final year of his contract.

Sportsmail reports that Rooney has agreed to a salary reduction of around 50%, to facilitate a return to the club he left 13 years ago.

The 31-year-old earns upwards of £300,000-a-week at Old Trafford after sponsorship add-ons. His wages at Everton will be closer to £150,000.

Paying up the final season of the four-year deal Rooney signed in 2014, could cost United more than £15million, with the potential of a loyalty bonus on top of his salary.

The club’s policy saw Rooney’s basic wage of £230,000 a week dropped to £180,000 last season, after United’s failure to qualify for the Champions League.

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