Manchester United News

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Posts Tagged ‘Malcolm Glazer’

United Set To Spend Big?

Posted by Keano! on June 13, 2009

Controversial owners of Manchester United, the Glazer’s, have produced a rare statement saying they are fully behind Sir Alex’s plans for the team and have funds ready and available for the Scot to use as he pleases.

With Cristiano Ronaldo’s pending £80M transfer to Real Madrid, United will be showing some impressive balance sheets for the season gone by with the revenue raised from merchandising, TV rights, competition successes and now, transfers.

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United Announce Record Profits

Posted by Keano! on June 4, 2009

Manchester United today announced that the club had made record operating profits over the 2008/2009 season and now see themselves sitting on top of the global money tree as it were. The Premier League champions made £71.8m, although still see La Liga giants, Real Madrid ahead of them in terms of revenue generated which at the end of the day is much bigger.

Theses facts and figures were compiled by Deloitte’s Annual Review of Football Finance who will have pleased United’s American owners, (The Glazers) that the £500M debt they landed on the football club when buying it will be paid off. United confirmed an £80M shirt sponsorship deal with American group, AON Corp. yesterday which will see the replace current sponsors AIG in 2010.

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