Manchester Evening News

United sitting on ‘revolution in revenue growth’, says finance expert

- By JAMIE GARDNER sport@men-news.co.uk @MENSports

MODERNISIN­G Old Trafford and improving the matchday experience could help United achieve ‘revolution­ary’ growth in revenue, a football finance expert has said.

The Red Devils may have gone a decade without a Premier League title and 15 years without winning the Champions League, but commercial­ly they remain a success story.

They dropped one place to fifth in the Deloitte Football Money League but earned a club record £648m for 2022-23, which briefly stood as a Premier League record before City announced their results for the same period in November last year.

Tim Bridge, the lead partner in

Deloitte’s Sports Business Group, hailed their enduring ability to generate revenue despite their on-field struggles, but believes upgrading Old Trafford could elevate them above their Premier League and European peers in commercial terms.

“What is so impressive (about United) is that resilience, that ability to continue to generate significan­t commercial return in the market, to find new (commercial) partners,” Bridge said.

“They have this way to engage with commercial partners in a way that few other clubs can.

“But you could also flip it around and also talk about what is the scale of the opportunit­y if they got it right. There have been a lot of reports around the current conditions at Old Trafford, there has been a lot of comparison to other football stadiums and the overall offering.

“I genuinely believe that if they had a genuine matchday offering that kept the fans in and around the stadium in the way that you have at somewhere like Tottenham, the results from a revenue perspectiv­e could be revolution­ary and really outplay the rest of the competitio­n.

“Because they still generate £100million-plus from

Old Trafford and yet in experience terms, compared to what is also available on the market, or what may be available on the market from a Real Madrid or a Barcelona in the future, then the two are probably not comparable.

“So the strength of their brand, the strength of their fanbase, the loyalty is absolutely incredible and is extremely resilient and impressive.” Ineos is set to invest 300 million US dollars (£235m) on club infrastruc­ture after securing a 25 per cent stake in United. Supporters have issued a number of complaints about the stadium, highlighti­ng in particular leaks in its roof.

If they had a genuine matchday offering, they could outplay the rest of the opposition

 ?? ?? Tim Bridge
Tim Bridge
 ?? ?? United’s famous Old Trafford ground
Sir Jim Ratcliffe will invest £235m into club infrastruc­ture
United’s famous Old Trafford ground Sir Jim Ratcliffe will invest £235m into club infrastruc­ture

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