When Arsenal announced in September that they had made a turnover of a whooping £201million last season, there was a breeze of change draping English football. Quite a few did feel that here at last power and fortune in the English Premier League was about to change hands, that Manchester United’s colossal dynasty was now about to play second fiddle to that of Arsenal’s.
But just 4 months down the line and the notion that Arsenal are the richest club in England has blown away. According to ESPN Soccernet, Manchester United garnered a staggering £245 million last season. The site also reports that Man United are expected to make an official confirmation of the figures this week, possibly on Thursday.
Although the sum includes revenue from their sponsors Nike, more than £200 million have been earned from core footballing activities. Last season was one of the best the Red Devils have had had for ages. They regained the English Premier League title after 4 heavily limping years, had a successful UEFA Champions League run broken only by AC Milan in the semi-finals and lost to Chelsea in the FA Cup final.
This season too Man United are in firm contention for another historic treble. The £245 million that Man United have engendered last season must certainly lead to the allayment of apprehensions and fears about the long term future of the club. Malcolm Glazer’s takeover of the richest club in England put it into debt but now that Man United are enjoying success on the pitch, there is a distinct possibility that in the long run, the takeover will prove to be a success rather than a failure.
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