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Manchester United 2018/19: Waterfall
In May 2018 Ed Woodward, Manchester United’s vice-chairman said, “Playing performance doesn’t really have a meaningful impact on what we can do on the commercial side of the business.” Down at the Stretford End hardcore United fans were unimpressed with the comment at the time and no doubt Woodward is squirming after the club’s moderate start to the 2019/20 season. Reds fans know United have just announced their accounts for the year ended 30 June 2019, and like events on the pitch last season, they are a mixed bag of results. Income A Football club generates income from three main sources, matchday, commercial and broadcasting. The matchday income for Manchester…
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Manchester United 2018 Finances: Made of Stone
Introduction Tuesday 25th September 2018 may not go down as a great day in Manchester United’s history, as the club lost in the Carabao Cup to Derby County and there was a very public spat between Jose Mourinho and Paul Pogba, but off the field the club announced record revenues for the year ended 30 June 2018. How this was achieved is more to do with the abilities of the marketing department which continues to set a standard that most other clubs can only envy. Earnings this high are likely to ensure that United are once again top or close to the top of the Football Money League when other…