Anorak

Anorak News | Manchester United earned £515.3m in 2015-16

Manchester United earned £515.3m in 2015-16

by | 12th, September 2016

Ker-ching! Manchester United earned £515.3m in 2015-16. They are the only British club to break half a billion quid.

On the other side of the accounts, there is net debt of £260.9m.

As an aside, Louis van Gaal and his coaching staff were paid a fortune to leave the place –  £8.4m in compensation.

The club also wrote off £6.7m because Schweinsteiger is no longer a first team player.

Profit: £36m

@JakeFCohen looks at the band: “Football still comparatively small business – Manchester United’s annual earnings amounts to 8 days of Nike earnings.”



Posted: 12th, September 2016 | In: manchester united, Money, Sports Comment | TrackBack | Permalink