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United's Rosy Financial Future

United's Rosy Financial Future

The annual report of Deloitte saw United slip to fourth on the list of the world's richest clubs. However, it's not doom and gloom.

Experts of the financial company believe the future is extremely healthy for England's richest club which will see a great increase in revenue from the following year, due to various important factors.

'There's a couple of reasons why they've fallen down to fourth but it isn't so much their performance, it's more the performances of their rivals,' said Aloan Switzer, senior consultant.

'Real Madrid and Barcelona are doing really well and growing some of their revenues and agreeing new deals.

'But in the next couple of years the factors that will see them pushing back up there will be the new Premiership TV deal, the new AIG sponsorship deal - which is higher than their previous deal - and they'll also see the full benefits of the extensions at Old Trafford this year.'

His opinion is supported by that of Deloitte director Paul Rawnsley.

'Manchester United may be in fourth position this year, but with the completion of their stadium development we can expect them to move back up the list in 2006/07.

'It is also notable that United remain the most profitable club football operation in the world.'

It's good guys, isn't it? Glazers have not destroyed the club yet. Hopefully it won't happen now - we are in a too strong position. And if you read the article on young players, you'll feel extremely well as long as you're a United fan.

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Writer:Zae
Date:Thursday February 8 2007
Time: 7:59PM

Comments

0
4th aint that bad and ill expect to be higher next year
rooneyisgod
08/02/2007 21:26:00
0
Juventus overtook us but they will fall back as the financial consequences of their demotion will hit them.
midlothian99
09/02/2007 17:35:00
0
our stadium expansion will deffinately move us back up
rooneyisgod
09/02/2007 21:38:00
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