While the suspense over the club’s sale process remains unresolved, Manchester United revised up its turnover and profitability targets for the year 2022/2023 on Tuesday when it published its results. of the third trimester.
“For the 2023 fiscal year, the group is raising its revenue forecast (from a range between) 590 to 610 million pounds (687 to 710 million EUR) to (a range) record of 630 to 640 million GBP (722 to 745 M EUR),” the club said in a statement. The previous record dates from the 2018/2019 financial year with 627 M GBP, i.e. 712 M EUR at the time.
The Red Devils have also raised their estimate of gross operating income (EBITDA) to 150 M GBP (175 M EUR) against 140 M GBP (163 M EUR) previously. These good results are the fruit of the successful season of the club which finished 3rd in the league, winning its qualification for the next Champions League, but which also won the League Cup and reached the final of the FA Cup, lost against City.
United also highlights the good season of its women’s section, vice-champion of England behind Chelsea and qualified for the first time in its history for the C1.
The club has thus sold 2.4 million tickets this season, exceeding the 2016/2017 record, thanks in particular to a tripling of the number of spectators for the women’s team compared to last season. However, the club’s management does not mention at all the sale process underway since last November.
The president of Qatar Islamic Bank (QIB), Sheikh Jassim Ben Hamad al-Thani, who wants to take full control of the club for a record amount estimated at 6.5 billion euros, seemed to hold the rope lately, in front of the Briton Jim Ratcliffe, owner of the petrochemical group Ineos and teams from Nice in Ligue 1 and Lausanne, Switzerland, who was ready to leave a place as a minority shareholder to the Glazer family, owner of the club since 2005.
These procrastination of the American family, very unpopular for years among supporters, provoked a new outburst of anger from fans on Tuesday. On the occasion of the presentation of the new kit for the 2023/2024 season, around a hundred of them blocked the club’s main store with banners on which one could read “Stop feeding your greed. Glazer, go!”
