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Official - United Still Britain's Richest Club Arsenal claimed to have become Britain's richest club back in September, but new figures due to be released tomorrow prove that the honour still belongs to Manchester United. The reason? The Red Devils' massive worldwide fanbase
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A report to be released on Thursday proves that Manchester United are still leading the pack when it comes to raking in the money.
British newspaper The Sun has managed to get hold of the details before their publication, claiming that United's turnover has increased to a whopping £245m, putting them comfortably ahead of current Premier League leaders Arsenal (£201m).
Being a London club, the Gunners' stadium may be worth more than United's, and match tickets at the Emirates more expensive, but it is the Old Trafford club's monumental global fanbase that has swung their pendulum in their direction.
Over 330 million people worldwide now call themselves United fans, something heavily influenced by the Red Devils' domination of the Premiership in the 1990s, their famous treble in 1999 and of course their latest league title success in the 2006/07 season.
On top of that are listed sponsorship deals, including their lucrative kit deal with Nike that amounts to around £30m a year.
London Move
The club have even moved their commercial operations to London to take advantage of money-making opportunities. The report - unusually open for Manchester United - also contains details of fees paid to agents for transfers and details of the total wage bill, although not a list of which player earns what.
Wages And Worries
Nevertheless, it has been revealed that 43.6% of United's total expenditure goes on wages, well short of the 50% of the club's owners stressed they would not go beyond.
Stars like Wayne Rooney and Cristiano Ronaldo will undoubtedly be among the top earners, and they play a massive role in drawing new fans to the club, but the report also reveals that not all is rosy on United's books.
The club still carries debts of around £500m following the Glazers' acquisition of the team back in 2005 - interest payments alone on the gigantic sum borrowed are said to amount to £20m per year.
This is one of the main factors behind the astronomical rise in ticket prices and the introduction of the compulsory Cup scheme for all Old Trafford season ticket holders, something extremely unpopular with long-serving United fans.
zoom - galleria A report to be released on Thursday proves that Manchester United are still leading the pack when it comes to raking in the money.
British newspaper The Sun has managed to get hold of the details before their publication, claiming that United's turnover has increased to a whopping £245m, putting them comfortably ahead of current Premier League leaders Arsenal (£201m).
Being a London club, the Gunners' stadium may be worth more than United's, and match tickets at the Emirates more expensive, but it is the Old Trafford club's monumental global fanbase that has swung their pendulum in their direction.
Over 330 million people worldwide now call themselves United fans, something heavily influenced by the Red Devils' domination of the Premiership in the 1990s, their famous treble in 1999 and of course their latest league title success in the 2006/07 season.
On top of that are listed sponsorship deals, including their lucrative kit deal with Nike that amounts to around £30m a year.
London Move
The club have even moved their commercial operations to London to take advantage of money-making opportunities. The report - unusually open for Manchester United - also contains details of fees paid to agents for transfers and details of the total wage bill, although not a list of which player earns what.
Wages And Worries
Nevertheless, it has been revealed that 43.6% of United's total expenditure goes on wages, well short of the 50% of the club's owners stressed they would not go beyond.
Stars like Wayne Rooney and Cristiano Ronaldo will undoubtedly be among the top earners, and they play a massive role in drawing new fans to the club, but the report also reveals that not all is rosy on United's books.
The club still carries debts of around £500m following the Glazers' acquisition of the team back in 2005 - interest payments alone on the gigantic sum borrowed are said to amount to £20m per year.
This is one of the main factors behind the astronomical rise in ticket prices and the introduction of the compulsory Cup scheme for all Old Trafford season ticket holders, something extremely unpopular with long-serving United fans.