Manchester United sees big profit boost from Champions League return

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Manchester United may not have enjoyed their return to Champions League football that much this week, having lost to PSV Eindhoven and seen left back Luke Shaw sustain a horrific injury, but it might have been a different story in the club’s boardroom.

The Premier League side has revealed that its return to the tournament would likely deliver a 46% boost to its yearly profit this year.

It made the prediction as it laid bare the cost of its absence from the Champions League in the 2014-15 season.

Earnings for that financial year plunged 7.8% to £119.9 million.

Revenue fell almost 9% on the back of lower match day and broadcast sales and gross debt rose 20.2% to £411 million.

A bright spot came in the form of commercial income, which rose 4%.

United, which spent £108.1 million bring fresh talent to the club for this season, said core earnings would likely be in the region of £165 million and £175 million in 2016.

The team is sitting third in its Champions League group after its 2-1 loss to PSV on Tuesday.

Shaw suffered a double leg fracture at the hands of a Hector Moreno tackle and has since undergone surgery on the injury.

United hope he could return to action in as little as six months.


Its next Champions League fixture is a home game against Germany’s Wolfsburg on September 30.

Additional reporting by Reuters

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September 17, 2015 |
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