The Premier League teams always have stories of millions associated with their transactions. Be it the signing of some new player or earnings from the match day, the amounts earned or spent can feed some nations for a whole year!
Why are Manchester United Commercial Giants?
Manchester United might not be on top of the table when it comes to the Premier League but no one can come close to them when it comes to the money. They are the commercial giants. When it comes to making money moves no one can compare to how they have transformed football into a business.
When Manchester United wore those suits they have went on to make deals. They were able to make commercial deals with mobile phone companies and even fast food joints, not to mention the sponsorship deals they strike with betting companies. It wouldn’t be a surprise to see their logo on the front page of the Betway app. They even made a deal with Phil Jones duvet covers who could even think that was possible.
Manchester United set the pace and other clubs followed. But none of them could be able to make commercial deals like this team from Old Trafford.
Studies show that Manchester United’s revenue was made from the commercial side of the business. They made a whopping £278.1 million in . Manchester City comes in second with £178.8 million. The broadcasting revenue has been nearly £200 million for the last five years for the club.
And it’s not just the Broadcasting Rights
One of the key components that have triggered and grown Manchester United’s revenue is the Premier League deal. Rumours have it that Manchester United earns a lot from the Premier League. Although there are no numbers to prove this.
The Premier League’s TV deal has seen the Manchester brand grow although other clubs are part of the deal. Clubs now have state of the art facilities and improved stadiums.
Manchester United Reigns as Commercial Kings
The earnings of Manchester United through commercial endeavors overtake all other earnings by far and wide.
And while they have shown a loss they still have a record revenue of over £648.4million in this year. In the 2022-23 season, the Club lost over £20 million but they still remain the best when it comes to commercializing on their merchandise and success.
If we have to consider teams on the same level of percentage, we can take the names of Paris Saint-Germain and Bayern Munich. But even those clubs couldn’t cross the £200 million mark reached by the English team. And that’s what shows the testament to the popularity of the club.
Will Manchester United lose its crown as the commercial giants?
It is good to note that other clubs are catching up to this whole commercial business. Many of the clubs in Europe are making more deals. Before Manchester United took over the crown in the last two years, Real Madrid was at the top of the list.
