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Old 03-05-2021, 09:31 AM   #921
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Default Re: Manchester United - Biz, Financial news 'n rumors

Manchester United's largest sponsor adidas unhappy with club over falling shirt sales as they now lag behind Liverpool... but German kit producer was NOT behind Ed Woodward's departure from Old Trafford

* Ed Woodward announced his intention to leave amid the Super League fallout
* Adidas were fully briefed regarding their European Super League developments
* Largely due to the fact they own an 8.3 per cent stake in Bayern Munich
* Manchester United's lack of trophies has coincided with falling shirt sales


Manchester United are under pressure from sponsors adidas to arrest falling shirt sales — but the German kit producer was not behind chief executive Ed Woodward's departure from the club.

Woodward announced his intention to leave two weeks ago as the fallout from the ill-fated European Super League intensified.

There have been suggestions within football circles that the Germans may have been responsible for Woodward's departure, due to his role in the ESL farce and lack of trophies in recent seasons.


Manchester United are under pressure from sponsors adidas to arrest falling shirt sales. Football insiders have been aware of rumours that Woodward was preparing to leave United in the summer for several months.

United's lack of trophies has coincided with falling shirt sales.

The club have not picked up a trophy for four years, since winning the Europa League and League Cup double in 2017 — the longest spell without silverware since the late 1980s.

Ole Gunnar Solskjaer's men are favourites to win the Europa League on May 26 after hammering Roma 6-2 in their semi-final first leg this week.


Sources close to adidas — United's largest sponsor — have suggested they were disappointed not to have been briefed by United chiefs over their ESL plans.

However, they insist they had no part in Woodward's announcement that he would leave Old Trafford in the summer after 16 years.

The Mail on Sunday has learned adidas were fully briefed regarding ESL developments — largely due to the fact they own an 8.3 per cent stake in Bayern Munich.

Dr Jan Heinemann sits on the Bayern board as deputy chairman, and also serves as general counsel and chief compliance officer at adidas. The German champions turned down an invitation to join the ESL.

Football insiders have been aware of rumours that Woodward was preparing to leave United in the summer for several months.

United's lack of trophies has coincided with falling shirt sales.

The club have not picked up a trophy for four years, since winning the Europa League and League Cup double in 2017 — the longest spell without silverware since the late 1980s.

Ole Gunnar Solskjaer's men are favourites to win the Europa League on May 26 after hammering Roma 6-2 in their semi-final first leg this week.


Club figures show payments from adidas to United have fallen by £1.2million since 2018. United have fallen behind arch-rivals Liverpool in the annual shirt sales stakes for the first time

Nonetheless, official club figures show payments from adidas to United have fallen by £1.2million since 2018.

The deal with adidas was worth £79million to United in 2018, but this fell to £78.8million in 2019 and £77.8million last year.

United have fallen behind arch-rivals Liverpool in the annual shirt sales stakes for the first time, with Jurgen Klopp's side enjoying a sales boost after winning recent Champions League and Premier League titles.

The two sides meet on Sunday afternoon at Old Trafford.

Figures produced by veteran analyst Dr Peter Rohlmann, show United's sales have fallen by 100,000 since 2019.

United sold 1.8million shirts in 2019, but this fell to 1.7million last year and sales are expected to remain at the same level again this season, according to Rohlmann.

Liverpool's sales have increased by 450,000 during the same period.

The Anfield club sold 1.5million shirts in 2019, with sales rising to 1.7million last year and 1.95million shirts sold this season.

Reports have emerged in Italy that United have been in touch with Cristiano Ronaldo's agent over a return to Old Trafford from Juventus, a move that would significantly boost merchandise sales, despite the global icon being sponsored by Nike.

Code:
https://www.dailymail.co.uk/sport/football/article-9533435/Manchester-Uniteds-largest-sponsor-Adidas-unhappy-club-falling-shirt-sales.html
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Old 10-05-2021, 10:44 AM   #922
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Default Re: Manchester United - Biz, Financial news 'n rumors

Manchester United 'lose new £200m training kit deal with MyProtein owners following supporter's anti-Glazers campaign'

* Man United have reportedly missed out on a new training kit deal worth £200m
* United were meant to replace AON with Myprotein, owned by The Hut Group
* THG have supposedly pulled out of the contract which was due to start on July 1
* They are said to be concerned over the supporters anti-Glazers campaign


Manchester United have reportedly missed out on a new training kit deal worth £200million over 10 years due to concerns over the anti-Glazers campaign.

United were meant to replace AON with Myprotein, a Cheshire firm owned by Manchester-based company The Hut Group, as one of their sponsors.

According to The Observer, THG have pulled out of the deal due to concerns over the club's attempted boycott of the United owners and their partners.

The Glazers have recently been targeted by United supporters over the club's failed bid to join the now defunct European Super League.


The fans expressed their frustration at the American owners by storming Old Trafford ahead of United's clash with Liverpool.

Hundreds of fans protested outside the stadium, while a select few even made their way into the stadium.

As a result, Manchester United's Premier League fixture against the Reds was postponed.

THG were allegedly alarmed by the subsequent backlash against Manchester United's partners on social media.


Manchester United have reportedly missed out on a new training kit deal worth £200million. United were meant to replace AON with Myprotein, owned by THG, as their new partner

An anonymous group took to Twitter to call for a boycott of the club's major partners - Adidas, TAG Heuer and Cadbury - using the hashtag NOTAPENNYMORE.

Having seen the campaign on social media, THG were worried they would be targeted by fans in Greater Manchester.

Therefore, the multibillion pound company - who are located near Manchester Airport - pulled out of the deal.

The decision will come as a blow to United - who will see their contract with AON expire on 30 June.

According to the Observer, both THG and Manchester United have declined to comment.

Code:
https://www.dailymail.co.uk/sport/football/article-9558059/Manchester-United-lose-200m-training-kit-deal-fans-anti-Glazers-campaign.html
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Old 18-06-2021, 09:48 AM   #923
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Default Re: Manchester United - Biz, Financial news 'n rumors

Man United only suffer a FOUR PER CENT drop in overall revenue for the first three months of 2021 despite the Covid pandemic keeping fans out of Old Trafford

* Man United made £118.3m compared to £123.7m for the same period last year
* Matchday revenue fell from £29.1m to £1.6m with games behind closed doors
* The Premier League club reported a £32.6m increase in broadcasting revenue


Manchester United's overall revenue only dropped by four per cent despite the ongoing effects of the pandemic, according to the club’s third quarter financial results released on Thursday night.

Figures for January to March show that United made £118.3million compared to £123.7m for the same period last year.

Matchday, commercial and sponsorship revenue were all down by £27.5m, £10.5m and £8.9m respectively, but that was partly offset by a £32.6m increase in broadcasting revenue.


Manchester United are still counting the cost of the ongoing effects of the pandemic. Manchester United’s executive vice-chairman Ed Woodward remains optimistic about the prospect of fans returning to Old Trafford

United’s executive vice-chairman Ed Woodward said: ‘The absence of fans over the past year has proved that they are the lifeblood of the game.

‘Following the successful return of limited numbers at the end of last season, and continued trials of increased crowds at sports events this summer, we remain optimistic about the prospect of fans returning to Old Trafford in larger numbers going forwards.

‘With the foundations for long-term success in place, including significant initiatives to strengthen engagement with our supporters, we look forward to the upcoming season.’

The Old Trafford giants finished second in the Premier League in 2020-21 and lost the Europa League final to Villarreal on penalties.

Matchday revenue fell from £29.1m to £1.6m compared to the previous equivalent quarter, with matches being held behind closed doors playing a part in the operating loss of £21.6m for the period.

The financial results also showed a £10.7m dividend payment to shareholders – payments United co-chairman Joel Glazer defended at a recent fans’ forum.

Financial results showed net debt stood at £443.5m.

Code:
https://www.dailymail.co.uk/sport/football/article-9698957/Manchester-United-report-losses-21m-three-months-2021.html
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