Manchester United Hasn't Turned A Profit Since 2020
Manchester United, its $6.55 billion valuation second only to Real Madrid’s per the Forbes ranking, has posted cumulative operating losses to the tune of £205 million ($275 million) over the last 4 years, down almost £70 million in the last year alone. The bad news for any budding Ryan Reynolds types out there with a penchant for The Beautiful Game and a wad of cash to invest? Manchester United’s finances aren’t out of the ordinary for soccer teams, even at the highest level where sides can leverage multiple income streams.
The Red Devils — a puerile nickname for United that genuinely pains me to write as a Manchester City fan — made nearly £700 million (~$936 million) in revenue in the last financial year. A little over 43% of that came from its commercial division, which includes the sales of retail merchandise and apparel, as well as sponsorship, with brands paying millions to have their logos adorn the team’s jerseys, shorts, stadium, and grounds. United’s share of broadcasting deals added another £222 million to its coffers, while actual match takings contributed £137 million.
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