Manchester United report revenue drop of 18.8 per cent for year ending June 2020 - News Summed Up

Manchester United report revenue drop of 18.8 per cent for year ending June 2020


Manchester United’s revenue shrank by almost 20 per cent in the year ending June 2020 compared to the previous financial year as the impact of the coronavirus pandemic affected the club on a number of fronts. The club posted total revenue of £509million for 2019-20, compared to record revenues of £627.1m in 2018-19, representing a drop of 18.8 per cent. Total revenues £627.1m - £509mBroadcasting revenues: £241.2m - £140.2mBroadcasting revenues fell sharply from £241.2m to £140.2m – a drop of 41.9 per cent. The figure was impacted by a Premier League broadcasting rebate of £14m for the 2019-20 season. The club returned to the Champions League for the 2020-21 season after finishing third in the Premier League.


Source: Irish Independent October 21, 2020 11:39 UTC



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