Kieran Maguire Profile picture
Much taller than I sound on the radio apparently.

Sep 17, 2021, 9 tweets

Despite a full season of Covid, Manchester United's revenue exceeded that of any other EPL club from the previous season. #MUFC

Although almost every match was BCD, Manchester United still generated more money from matchday in 2020/21 than two other clubs did the previous season when Covid only impacted upon the last half dozen matches. Matchday income includes membership fees .

Combination of being in the Champions League and having more PL matches in the period 1 July 2020 to 20 June 2021 meant that broadcast income up by 82% to £255m.

Commercial revenue down £47m partly due to lack of pre-season tour, which normally contributes £10-20m

Wage bill bounced back from 2020 levels of 'just' £284m to about the same level of 2019. Wages expected to rise 20% in 2022 which will take average weekly wage to £180k

Amortisation for #MUFC 2020/21 was behind that of Chelsea and Manchester City, who between them contested the Champions League final and won the Super Cup, Premier League and League Cup.

Despite the impact of Covid Manchester United still had a higher EBITDA profit (excludes tax, interest and amortisation of player transfers) of all but one club from the previous season.

After taking into account depreciation and amortisation, Manchester United made a loss of £44m in 2020/21.

Net debt of Manchester United down to £420m, less than Chelsea (soft loans to RA) and Spurs (borrowings to fund the new stadium).

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