Powered by
Univision Deportes
JUL 5 12PM ET
arg1
bel0
JUL 5 4PM ET
ned4
crc3
JUL 8 4PM ET
bra1
ger7
JUL 9 4PM ET
arg4
ned2
JUL 12 4PM ET
bra0
ned3
JUL 13 3PM ET
arg0
ger1

Manchester United Announce Record Annual Revenue of £363.2 Million

old trafford Manchester United Announce Record Annual Revenue of £363.2 Million

Manchester United announce record annual revenue of £363.2m for the year to June 30.

United won the 2012-13 Premier League title under the last season of Sir Alex Ferguson in charge of the side. Off the pitch, United has been extremely busy in signing lucrative commercial contracts around the globe, bringing on sponsors galore.

Manchester United made a net profit of £146million.

Manchester United’s executive vice chairman Ed Woodward said:

“We are very proud of our results. Our commercial business continues to be a very powerful engine of growth enabling the team to continue to be successful.

“We won our 20th English League title last season and are delighted to have David Moyes lead our football team into a new and exciting chapter. We look forward to a successful 2013-14, both on and off the pitch.”

Commercial revenues now account for £153m – 42% of the clubs total income. The progress made from commercial revenue can be put down to the vision of the Glazers, Manchester United’s American owners.

About Christopher Harris

Founder and publisher of World Soccer Talk, Christopher Harris is the managing editor of the site. He has been interviewed by The New York Times, The Guardian and several other publications. Plus he has made appearances on NPR, BBC World, CBC, BBC Five Live, talkSPORT and beIN SPORT. Harris, who has lived in Florida since 1984, has supported Swansea City since 1979. He's also an expert on soccer in South Florida, and got engaged during half-time of a MLS game. Harris launched EPL Talk in 2005, which was rebranded as World Soccer Talk in 2013. View all posts by Christopher Harris →
This entry was posted in Leagues: EPL, Manchester United. Bookmark the permalink.

2 Responses to Manchester United Announce Record Annual Revenue of £363.2 Million

  1. Dean Stell says:

    That’s a LOT of money. I know it’s popular to hate on the Glazers, but they’re doing a good job of wringing the cash out of the brand.

    It reminds me of what happened in baseball with the Red Sox who got very aggressive with revenue production to the point that they were competitive with the Yankees year-after-year.

    I know some people want a return to a simpler day without all the money, but that’s just how it is now. You can’t really “disarm” who you’ll get left behind. More commercial revenue should equal better players on the field.

    • Christopher Harris says:

      The one thing that the article doesn’t mention is that, despite the profit, that money is paying down the debt. Expect an article by David Conn of The Guardian later today or tomorrow that will cast a more negative light on the financial statement.

      The commercial revenue is great, but the debt that the Glazers put United under is disturbing.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>