Manchester United set to earn more than £30 million despite exit from Champions League
United are currently chasing the Champions League places sitting fifth in the table
Manchester United are set to have their most productive season in terms of revenue. According to reports, the club are set to earn up to £30 million from cup competitions and could also see that figure rise further depending on their results in the future. The Red Devils were knocked out of the Capital One cup by Middlesbrough earlier in the season. And more recently they crashed out of the group stages of the Champions League after losing to Wolfsburg in their final group game.
But despite the exits, United are set to have their most profitable season in terms of cup competitions. After finishing fourth in the league last season they qualified for the Champions League this season. This sees them earning, at least, £28 million pounds even after their group stage exit.
This is mainly due to the huge TV deals that have been signed with UEFA. BT Sport’s lucrative contract with the organization will be worth a mammoth £367 million. This amount will be divided amongst the participants of the competition. The Premier League market percentage in that pool of teams is about one-fifth of the total amount.
This means that even if United were to be knocked out improbably by Shrewsbury town in the fifth round of the FA Cup this season they will still reach the £30 million mark. The reason is due to United’s matches consistently being televised. Their fifth round tie will be the 50th consecutive time a United match has been telecasted live. A third round encounter against Exeter in 2005 was the last time their match was not televised.
United will earn £16 million for playing in the group stages of the Champions League and also from winning the qualifiers. In the FA Cup the club have so far accumulated £500,000 by reaching this stage of the competition but they can earn up to £3.3 million depending on how far they progress this season.
United chasing top 4 spot after draw at Stamford Bridge
Chelsea denied Manchester United all three points after a late Diego Costa goal. That point leaves them six-point of Manchester City who are in fourth and twelve points of Leicester at the summit.
Lingard had given United the lead with a fine finish but a slip from Blind's slip let in Costa. Louis Van Gaal was a frustrated man in his post match interview after his team threw away their lead in added time.