Man Utd oust Real Madrid from top of revenue league

[webfact]

Man Utd oust Real Madrid from top of revenue league

REUTERS

 

Britain Soccer Football - Manchester United v Liverpool - Premier League - Old Trafford - 15/1/17 Manchester United fans Action Images via Reuters / Jason Cairnduff Livepic

 

LONDON (Reuters) - Manchester United have deposed Real Madrid as the world's richest football club after revenue grew to a record $735 million in 2015-16, according to Deloitte's annual Money League published on Thursday.

 

The 20-times English champions knocked Madrid off the perch they had occupied for 11 years with a return to the Champions League and increased commercial revenue key to their rise.

 

Real dropped to third behind Barcelona with Bayern Munich fourth and Manchester City into the top five for the first time after a run to the Champions League semi-finals.

 

Eight of the top 20 (including five of the top 10) revenue generators are from the Premier League, reflecting the greater financial clout England's top-flight clubs enjoy compared with their European counterparts.

 

Surprise champions Leicester City made the list for the first time in 20th place and Tim Bridge, senior manager at Deloitte, said it is likely every Premier League club will be in the top 30 next year thanks to an eye-watering 5.1 billion pounds television rights deal that kicked in this season.

 

"The Money League continues to demonstrate the Premier League's financial strength in depth," Bridge, senior manager at Deloitte, said. "The appearance of Leicester shows that on-pitch success gives any Premier League club a chance of a place in the top 20.

 

"There is a strong chance that almost all Premier League clubs will be in the top 30 clubs next year."

 

Only one other Spanish club, Atletico Madrid, made the top 20 while there were three from Germany and four from Italy led by Juventus in 10th place. Paris St Germain, the only French club in the list, dropped to sixth from fourth. Russian club Zenit St Petersburg completed the top 20.

 

Combined revenues, which excludes player transfer fees, VAT and other sales related taxes, of the top 20 clubs went up 12 percent to 7.4 billion euros.

 

United, who have returned to the top for the first time since 2003-04, Barcelona and Real all broke the 600 million euros ($639.96 million) revenue barrier in 2015-16 - the first clubs to do so.

 

"It has taken phenomenal commercial revenue growth to help them (United) achieve this," Dan Jones, partner in the Sports Business Group at Deloitte, said, referring to a 71 million increase in commercial revenue.

 

"In recent years, their ability to secure commercial partnerships with value in excess of that achievable by their peers has been the crucial factor in enabling the club to regain their place at the top of the Money League."

 

Despite United's woeful group stage exit from the Champions League last season and a fifth-placed finish in the Premier League under ex manager Louis van Gaal, commercial partners continued to be drawn to Old Trafford like moths to a flame.

 

Gulf Oil International signed a three-year commercial partnership last season taking the total of company logos lurking down the bottom of the club's website homepage to 24.

 

United's kit deal with adidas, now in it's second season, is worth 750 million pounds ($923.18 million) and their other partners include car firm Chevrolet and financial services giant Aon who sponsor the club's state-of-the-art training ground.

 

(Reporting by Martyn Herman, editing by Pritha Sarkar)

 

-- © Copyright Reuters 2017-01-19

[StevieH]

proud day that. 

[zaphod reborn]

Who needs to win when you can put out less-than-world-class talent onto the pitch, and the suckers will still buy tickets and your merchandise?

Edited January 19, 2017 by zaphod reborn

[BangrakBob]

A success that pales insignificance when compared to the amount of Net Spend trophies Spurs have won. 

Edited January 19, 2017 by BangrakBob

[petermik]

Guys, football stopped being a true sport a long time ago,its all about revenues now get over it 

 

the abolishing of the maximum wage was good for the players,but for the game itself...... I do not think so

[Bredbury Blue]

Manchester City into the top five for the first time...

[StevieH]

10 minutes ago, Bredbury Blue said:

Manchester City into the top five for the first time...
 

 

proud day that.

[mrbojangles]

1 hour ago, BangrakBob said:

A success that pales insignificance when compared to the amount of Net Spend trophies Spurs have won. 

 

Chuckled at that one Bob

[DLang]

Have the Glaziers paid off all that debt then?

 

Or are they still paying and how much do they still have to pay? 

[Chicog]

2 hours ago, DLang said:

Have the Glaziers paid off all that debt then?

 

Or are they still paying and how much do they still have to pay? 

 

No they haven't and the story should simply read "biggest revenue".

 

 

Quote

 

A new UEFA study has shown that Manchester United has the highest net debt of any club in the world.

The amount of money that United owe has now grown to €536million (£464m), according to the European Football Landscape report.

United's debt has grown by 25 per cent in the last year alone, which is a complete contrast to the rest of Europe, where UEFA say overall debt has decreased every year over the past five years.

 

 

 

Edited January 19, 2017 by Chicog

[smokie36]

How much do Chelsea owe Abramovich?

[StevieH]

8 hours ago, smokie36 said:

How much do Chelsea owe Abramovich?

 

everything?

[alfieconn]

On 1/19/2017 at 0:04 PM, BangrakBob said:

A success that pales insignificance when compared to the amount of Net Spend trophies Spurs have won. 

 

That's me start thinking Bobby boy,  why not have a handicap system for League points related to the net spend, would be a lot fairer for everyone and would mean all the rich clubs spending their money more wisely if at all !

[Rc2702]

On 20/01/2017 at 7:02 AM, alfieconn said:

 

That's me start thinking Bobby boy,  why not have a handicap system for League points related to the net spend, would be a lot fairer for everyone and would mean all the rich clubs spending their money more wisely if at all !

Yh let's just scrap offside rules and yellow cards while we're at it too. It's football not calculator ball.

[Bredbury Blue]

"It's football not calculator ball."

Well said that Red.