Premier League
Manchester United has set a new sales record in the history of English football
On Thursday afternoon (October 26), Manchester United broke the turnover record in the history of English football, which it had held since 2019, although the oxymoron of the case is that this happened while the team has been in a competitive crisis in recent years.
Manchester United’s financial take-off in the commercial sector stands in stark contrast to the competitive decline of the post-Ferguson era. The English team’s last major title was the Europa League in 2017 with Mourinho on the bench after winning the League Cup last year. The “Red Devils” in Eric Ten Hach’s first year is a trophy that comes after English football comes second.
According to the financial data for the last season (2022/2023), every annual balance sheet in football ends on June 30th Manchester United broke the sales record in England, which it had held since 2019.
In comparison, the club management announced Sales reached 648.4 million poundsan increase in his order 11% compared to 2019, but without being able to prevent the resulting negative balance Losses of £42.1 million.
The remarkable thing about the case is that the record was broken when the “Red Devils” competed in the Europa League last year, at a time when the English club’s financial start is based on what emerges from the team’s environment is expected to continue in the current season as its estimated revenue is estimated at £650-680 million.
His salary costs Manchester United for the period in question fell by £52.8m, while the club’s long-term debt remained unchanged at £507.8m.
Source: sport 24
Sophia Jhon is a sports journalist and author. He has worked as a news editor for Sportish and is now a sport columnist for the same publication. Alberta’s professional interests lie largely in sports news, with an emphasis on English football. He has also written articles on other sporting topics.