Manchester United have jumped back up football’s richest list and are now the second highest earning club in the world behind Real Madrid despite having suffered their worst season in Premier League history.
The Deloitte Money League 2015, published on Thursday, reports that the revenues of the 20 richest clubs in the world reached €6.79 billion in the 2013-14 season, up €873 million on the previous year.
Champions League winners Real Madrid top the list for the 10th year in a row, but the Premier League continues to consolidate its position as the dominant financial force in world football.
The Old Trafford outfit leapfrogged European superpowers Bayern Munich and Barcelona after their revenues rose from to £433.2m from £363.2m.
United’s rise is down to its rapid commercial growth, and with more deals announced this year they are expected to go from strength to strength despite the debt that remains from the 2005 Glazer takeover.
“Despite a poor on-pitch season in 2013-14, United’s commercial strategy of securing global and regional partners is delivering substantial growth,” said Austin Houlihan, Senior Manager at Deloitte.
“Their absence this season from European competition will be felt in next year’s Money League position, but if they can return to the Champions League in 2015-16 there is a strong possibility they could be top in two years’ time.”
Written by Jash Mehta [@the_manutd_blog]