Manchester United executives and owners ring the opening bell at the NY Stock Exchange

Manchester United hit record revenue levels following commercial success

1 Comment

Remind me again why Manchester United only brought in one expensive signing in the summer transfer window?

It certainly wasn’t because cash-flow has been a problem, just look at these figures.

On Wednesday Manchester United announced that for the 12 months to June they reached record revenue figures, with over $540 million reaching the Premier League club. Earlier this year the club was also floated on the New York Stock Exchange.

American businessmen the Glazer family put the increase down to a huge rise in commercial revenue, as sponsorship deals went through the roof. Record merchandising and product licensing also saw revenue lines sky-rocket, as United made a net profit of $215 million.

(MORE: Real Madrid oust Manchester United as worlds richest team)

Manchester United’s executive vice chairman Ed Woodward was delighted with the results after he took over from previous incumbent David Gill.

“We are very proud of our results,” Woodward said. “Our commercial business continues to be a very powerful engine of growth enabling the team to continue to be successful. We won our 20th English League title last season and are delighted to have David Moyes lead our football team into a new and exciting chapter. We look forward to a successful 2013-14, both on and off the pitch.”

United have certainly been busy off the field in the past 12 months, as sponsorship for all kinds of things began to pop up. We had ‘Mr. Potato’ as their official snack-partner, Russian airline Aeroflot is now involved, and US car manufacture Chevrolet who will be the club’s shirt sponsor for next season. Some have laughed at the huge number of sponsorship deals United have signed in the past few months, but it’s having the desired outcome… so why not cash in? Every other club or sports franchise in the world would do the same if they had United’s allure and attractiveness from a business standpoint.

In all, commercial revenue is up 30 percent and as United continue to become a global success story off the pitch, they will hope some of that success continues to happen on the pitch, too.

But does all this financial success put more or less pressure on David Moyes to succeed in his first season in charge at Old Trafford?

I think it actually helps him out. Moyes shouldn’t bat an eyelid at these figures. The only thing he should know is that United are in a terrific position in terms of future outlook, and although the club has had plenty of debt piled onto it by the Glazers, Manchester United could easily recoup that with the correct business plan in place.

Moyes’ job is easy. Focus on the soccer. Everything else will look after itself. And, commercially, it’s doing more than that… it’s thriving.

Real Salt Lake signs Plata to multi-year DP deal

Real Salt Lake forward Joao Plata (8) gestures while walking during an MLS soccer game against New York City FC Saturday, May 23, 2015, in Sandy, Utah. (Leah Hogsten/The Salt Lake Tribune via AP) DESERET NEWS OUT; LOCAL TELEVISION OUT; MAGS OUT
Leah Hogsten/The Salt Lake Tribune via AP
Leave a comment

SANDY, Utah (AP) Real Salt Lake has re-signed forward Joao Plata to a multi-year contract and he will continue to hold a designated-player spot.

The 24-year-old was acquired from Toronto FC before the 2013 season and he has 30 goals and 30 assists in regular-season play with RSL.

[ MORE: Liverpool flops vs LCFC ]

Plata ranks No. 3 on the team’s all-time assists list and No. 5 in goals. He has 33 goals and 35 assists during his MLS career.

Real Salt Lake begins the season Saturday when it hosts Toronto FC.

Gotze out indefinitely with metabolism disorder

ROTTERDAM, NETHERLANDS - NOVEMBER 06:  Mario Goetze (R) and Ann-Kathrin Broemmel attend the MTV Europe Music Awards 2016 on November 6, 2016 in Rotterdam, Netherlands.  (Photo by Andreas Rentz/Getty Images for MTV)
Photo by Andreas Rentz/Getty Images for MTV
Leave a comment

Mario Gotze’s last few seasons have not fulfilled the expectations thrust about the World Cup-winning attacker.

Gotze, 24, scored the 113rd minute goal that lifted Germany past Argentina in the 2014 World Cup, but has endured successive disappointing seasons between Bayern Munich and Borussia Dortmund.

[ MORE: Liverpool hires new CEO ]

With just two goals this season, Gotze has played just 24 minutes since BVB came back from winter break. On Monday, the club revealed why: a metabolism disorder that will keep him out for an indefinite period of time. From Sky Sports:

“We are glad to know the reasons for Mario’s complaints and we are convinced that after recovering he will give us extra quality with his exceptional abilities,” said Dortmund’s director of sport Michael Zorc.

“Mario gets the full backing and maximum support from all of us at Borussia Dortmund on his way back.”

It’s been a while since we’ve seen Gotze at his best, and here’s hoping this problem is both curable and the reason for his struggles.

Liverpool hires EA Sports executive as new CEO

Leave a comment

Liverpool has named Peter Moore as the successor to chief executive office Ian Ayre.

Ayre, 53, is off to 1860 Munich this summer, and has stepped down early to allow Moore to take over.

[ MORE: Liverpool flops vs LCFC ]

A Liverpool-born executive, Moore was the chief operating officer at EA Sports and has also worked with Microsoft and SEGA.

The move “completes a transitional phase” which saw several new names join the fray. From The Liverpool Echo:

The appointment completes a transition plan by FSG which included appointing Michael Edwards as sporting director while Billy Hogan was promoted to the role of managing director and chief commercial officer.

Palmer-Brown heads U.S. U-20s to win over Mexico (video)

Erik Palmer-Brown
@ussoccer_ynt
Leave a comment

The United States U-20 men are on the precipice of the U-20 World Cup after beating Mexico 1-0 on Monday, scooping their first win against El Tri in 31 years.

Brooks Lennon continues to look the part for the U.S. ahead of his loan season from Liverpool to Real Salt Lake.

[ MORE: Liverpool flops again ]

The youngster sent in this free kick that Erik Palmer-Brown, himself a loan man at Porto from Sporting KC this year, headed into the Mexico goal courtesy of a back post defender who opted for his right leg over a decent clearing attempt.

The U.S. took that lead into halftime.

Things got chippy as the second half unfolded, with referee Melvin Matamoros turning a blind eye to a few clattering tackles.

Tab Ramos subbed NYCFC prospect Jonathan Lewis into the match, and he sprung a counterattack that should have put the match to bed. But Lewis’ through ball missed FC Dallas’ Coy Craft and the latter took too much time, frittering away the chance.