Manchester United striker Wayne Rooney's new contract is actually worth currently LESS than his previous deal. Reports of a £300,000-a-week agreement are wide of the mark.

Instead, the Telegraph says it is understood to actually be a small drop in the £240,000-a-week he was being paid - but there is limitless scope for future earnings if he and his adviser Paul Stretford tap into United's commercial department.

United, by agreeing the contract, have bought the sole mandate to conduct commercial deals for Rooney. The 28-year-old cannot now go off and negotiate his own deals. If, for example, a Japanese car company want to do a separate negotiation with Rooney then they will have to deal with United.

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