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Manchester United have been named as the most profitable club in world football following a study conducted by Forbes.
As reported by Lee Astley of the Sun, the business magazine ran a study looking into the numbers behind top clubs in 2014-15, when United made a massive 132 million. Real Madrid were second on the list, having posted a 112 million profit. The Red Devils city rivals, Manchester City, were third with 91 million.
Aside from the two Manchester clubs, the Premier League also had Arsenal, Liverpool and Tottenham Hotspur in the top 10 spots, which were rounded out by Barcelona, Juventus,Bayern Munich and Schalke.
Commercially, theres no denying United are in excellent shape. Executive vice chairman Ed Woodward has his critics among the club"s supporters, but hes been central to securing a succession of key, profitable partnerships.
The Red Devils, despite their slump since the departure of Sir Alex Ferguson in 2013, secured a whopping 750 million kit deal with Adidas in 2014. A report from the Daily Mirrors James Whaling in February noted that the club has a staggering 70 commercial partners in total.
Oliver Holt of the Mail on Sunday suggested the pursuit of off-field tie-ups has come at the cost of performances on it:
Indeed, the club is not having the best campaign under the guidance of Louis van Gaal. Its a season that could still end positively as United could feasibly win the FA Cup and still have an outside chance of finishing in the UEFA Champions League spots. But they are synonymous with challenging for the biggest prizes, and theyre a long way off doing so.
As midfielder Bastian Schweinsteigers social media post suggested in the wake of Uniteds 2-0 win over Crystal Palace on Wednesday, getting into the top four is very much the main aim for this group of players:
If United are to continue prospering financially, a sustained spell of competing at the top level is vital.
Jack Gaughan ofMailOnline noted earlier this season that should United fail to qualify for next seasons Champions League, as well as the 2017-18 edition, their revenue from the deal with Adidas would be slashed by around 30 per cent.
Its also stated that while this is arguably the most vital contract the club has in place, there are no stipulations in other deals thatd see the Red Devils short-changed as a result of underachievement on the field.
There may be other sponsors who inserted something but those figures are nowhere near United"s huge global partners, added Gaughan.
It means United will once again be likely be able to compete for the best players in the world. However, with the Premier League more awash with money than ever before, reported by Nick Harris for MailOnline, its imperative thats supplemented by evident progression on the field too. At the moment, United havent got that balance right.
Source: http://bleacherreport.com/articles/2634553-manchester-united-top-real-madrid-more-as-worlds-most-profitable-club
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