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Home » Sports » Soccer » Manchester United Make Record €110.9 Million Profit

Manchester United Make Record €110.9 Million Profit

Posted by: Brian Anderson    Tags:  barcelona manchester united, Champions, champions league, Chelsea, chelsea manchester united, De Gea, English, Guardian, League, liverpool, Manchester City, manchester united, manchester united highlights, manchester united liverpool, manchester united news, Premier, premier league, Profit, Record, Rooney, Wayne    Posted date:  September 20, 2011  |  2 Comments



Premier League title holder Manchester United had a record revenue of €334.1 million ($462 million) this past year. After paying off debts — including the €50 million owed for the purchasing of De Gea, Ashley Young, and Phil Jones, the Red Devils will have made a €110.9 million profit.

Wayne Rooney’s new €180,000 per week deal also takes a chunk out of the newfound profit, along with 16% rise in staff costs. The record-breaking revenue has been the largest revenue the team has seen since the early 2000’s. According to Andy Green, who spoke to The Guardian about this topic, the club has been fighting a long battle with debt since 2005.

According to Green, €478 million has been spent in order to pay of this debt, with most of it coming from interest fees. Along with winning the Premier League title, Manchester United also made it to the finals of the UEFA Champions League.

Although losing the match to a strong side in FC Barcelona, the publicity that the Red Devils received got them more viewers and more companies willing to spend money to get in the spotlight as well.
NataliaYeromina / Shutterstock.com


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About the author
Brian Anderson
Brian Anderson
I'm currently studying journalism at Hofstra University on Long Island, New York. While I mainly cover sports such as Soccer and Ice Hockey, I also cover many stories regarding political and world news.




2 Comments for Manchester United Make Record €110.9 Million Profit

opokuisabella

i want u people to bring a news about the teams at the championship so that we will know that u are giving arer news

Reply

    Brian Anderson
    Brian Anderson

    we are in the process of that, thanks for the comment :)

    Reply






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