The cost of failing to qualify for the UEFA Champions League is revealed in Manchester United’s latest financial figures as revenue and profits have taken a hit. Despite that, however, executive vice-chairman Ed Woodward said the club remained on track to deliver record revenues for the coming year. The Old Trafford club saw turnover for […]
Financial figures
Manchester United score off the field with latest financial figures
Manchester United’s profits more than doubled in the six months to the end of December as revenues hit record levels. The club may be struggling on the pitch, but it is top of the league off it, in its ability to generate revenues. Turnover surged 32.4% to £257.4m, while adjusted earnings powered ahead 55.8% to £97.7m. Pre-tax […]
Manchester United count cost of failing to qualify for the UEFA Champions League
Manchester United are counting the cost of failing to qualify for the UEFA Champions League. In the six months to December 2014, the club saw revenues fall 12.2% to £194.4million. The Reds also lost out on payments from Nike for failing to qualify for the UEFA Champions League while falls in broadcast and matchday revenues […]
Manchester United could lose £50m in revenue this season by failing to qualify for the Champions League
Manchester United could lose almost £50million in revenue after failing to qualify for this season’s Champions League. The true cost of not finishing in the top four will be revealed tomorrow when the Reds release financial results for the first quarter of 2014/15. Revenue is expected to fall by £38million and £48m this campaign as […]
Manchester United a winner off the pitch
Even though it was a disappointing and turbulent year for Manchester United on the pitch, the club continued to be a winner off it as third quarter revenues increased by 26-per-cent from £91.7m to £115.5m. Revenues so far this year, in the nine months to March 31 are up 21.1 per-cent compared to 2013 at £336.9m and adjusted EBITDA up a […]