Manchester United is a commercial phenomenon – and will remain so September 10, 2014 Manchester United FC is a commercial phenomenon in footballing terms. It has just reported annual revenues of £430m and increased commercial revenues by £135m since 2007 – a staggering achievement. It generates astonishing positive cashflow and, as a self-financing business model, remains almost untouchable in the football industry, certainly in the UK. Where the club has [...]
Manchester United share price drops as Ed Woodward refuses to rule out January signings September 10, 2014 Manchester United's share price fell three per cent in early trading on the New York Stock Exchange, suggesting investors are not immediately impressed with the club's record annual revenue of £433m. Manchester United reported strong financial results this morning, with the club's various revenue streams boosted by multiple new sponsorship deals and increased income [...]
Manchester United chairman Ed Woodward hails potential of US market September 10, 2014 Manchester United executive vice chairman Ed Woodward believes the club are in a strong position to capitalise on the growing popularity of football in the US. During their pre-season tour of the country this summer, United set a new national attendance record for a sporting event, attracting 109,310 to their friendly against Real Madrid at [...]
Manchester United finances: Club announce record revenues despite seventh-placed finish September 10, 2014 Manchester United may have endured a turbulent time on the pitch last season, but off it, they continued to make remarkable progress. The club released their financial accounts for the 2013-14 season today, which revealed a mammoth total revenue of £433.2m, a 19 per cent increase on last season's £363m. United's struggles on the pitch culminated [...]
How Manchester United and Chelsea showed loaning is the new buying for Premier League clubs September 10, 2014 So the window has slammed shut on the latest football transfer extravaganza. Well perhaps not so much slamming, more flapping shut with the deals that seemed to conclude after the deadline had passed. How do we all feel? I think we’re left with a sense of shock, amazement and bewilderment at the sheer [...]
Manchester United’s share price gets a kicking in run up to results September 8, 2014 Manchester United’s embarrassing start to the football season appears to be weighing heavily on the club’s stock, with shares in New York tumbling by a further 4.5 per cent yesterday. The drop reflects an increasingly bearish sentiment among investors towards the club, which publishes its latest set of results tomorrow. Shares reached a peak of [...]
Transfer window 2014 in graphs: Manchester United spend 19pc of all Premier League money, Arsenal break net spend record and Chelsea have most outgoings September 2, 2014 The 2014 summer transfer window saw Premier League clubs spend more money than ever before as they forked out a record £889m on 163 players. The colossal transfer outlay not only dwarfs previous summer spends, but has already broken the record for total Premier League expenditure in a single season – with the January window [...]
Manchester United make Radamel Falcao the Premier League’s newest Galactico as Danny Welbeck heads to Arsenal September 1, 2014 Mancester United last night completed an audacious deadline-day swoop for Monaco striker Radamel Falcao as Premier League clubs, coffers swelled by ever-increasing television income, took their spending for the summer transfer window to a record £861m. Falcao’s shock £20m loan was one of a swathe of late deals as clubs rushed to beat the 11pm [...]
Radamel Falcao transfer may mean Manchester United switch for Robin Van Persie or Wayne Rooney September 1, 2014 Towards the end of my career Walter Smith, the Rangers manager, would sometimes ask me to play as a wing-back. I didn’t enjoy it one little bit – at an age when running was getting harder I was being asked to do more of it – but I did it. Now it looks like one [...]
Falcao’s wages will cost Manchester United more than Arsenal pay Ozil and Sanchez put together September 1, 2014 Radamel Falcao is set to become the highest paid player in the Premier League after Manchester United agreed to take the Colombian striker on a one-year loan deal from AS Monaco earlier today. Manchester United are believed to be paying a £6m loan fee for Falcao's services, and will take on 100 per cent of [...]