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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More from @KieranMaguire

18 Sep
A depressing but predictable outcome at Derby which will result in jobs lost, local businesses unpaid & responsibility for the mess denied by those in charge as they blame everyone but themselves. Expect a crocodile tears performance when they appear in front of the cameras Image
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Read 9 tweets
9 Aug
Premier League total income for 2019/20 down £633 million compared to previous season as Covid impact from March onwards. Gap between G6 and Other 14 average narrowed from £345m to £303m, which may 'justify' (in their own minds only) Project Big Powergrab & SuperLeague Franchise
EPL matchday income down 14% due to lockdown impact. Manchester United knocked off their perch for first time in EPL history by Spurs, who went from 4th to 1st. G6 clubs had 73% of matchday income, due to bigger stadia & more matches due to UEFA participation.
EPL broadcast income down £703m. Noticeable that Arsenal earned less than Sheffield United, a sign of a club clinging onto its 'Big Six' status?
Read 15 tweets
7 Aug
Newcastle finances headlines for 13m to 31/7/20
Revenue £153m (down 13%)
Matchday £17m (down 30%)
Wages £121m (up 20%)
Operating loss £43m (£11m profit)
Player purchases £76m (£43m)
Player sales £30m (£42m)
Lee Charnley salary £675k (£267k)
Total income includes full matches from 19/20 as accounts extended to 31 July, most other clubs only had 32 matches as published to 30 June. ImageImage
Matchday income down 30%, partly due to Covid. ImageImage
Read 16 tweets
26 Jul
Crystal Palace accounts for 2019/20 published, covers 13 months to include whole of season which ended in July:
Highlights #CPFC
Revenue down 8% to £142m
Wages up 11% to £132m (mainly due to 13 months)
Operating loss £60m
Player sale profits £0.5m
Total income includes all matches from 19/20, down a bit but expected due to loss of matchday & broadcast rebate.
Palace matchday down 19%. In bottom six of EPL which reinforces view that stadium expansion & new stand needed. #CPFC
Read 12 tweets
8 Jul
Forest Green Rovers of League Two do publish full accounts for 14 months accounts for 19/20 and made a profit of £800k, although the club did receive over £2.6m of sponsorship from other companies in the group #FGR
FGR cash substantially down and total losses over the years exceed £12.7 million.
FGR income up 30% despite Covid. Matchday income just 11% of total as commercial income from other companies in group substantial. Also had furlough income of £433k & £250k from Bolton after professional wrong ‘un weaselled on Christian Doidge deal
Read 6 tweets
8 Jul
Salford City lost £65,000 a week in their first season in the EFL in 2019/20 and total losses now exceed £9 million. Disappointing that @GNev2 takes advantage of legislation to only show the bare minimum information. Other clubs such as Carlisle in L2 far more transparent.
Salford signed players for £280k in 2019/20. Not possible to determine sales due to lack of transparency
Salford owe owners Project 92 Ltd £5.8 million at 30 June 2020. Owners also put £2.5m into club via a share issue.
Read 7 tweets

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