Manchester United faces long road back as record revenues overshadowed by failure on the field

Harry Maguire of Manchester United looks dejected following the defeat at West Ham.

If success in soccer was measured solely by results in the boardroom rather than on the field of play, then Manchester United would be the team to beat.On Tuesday, the club announced record revenues of £627.1 million ($772 million) for the year ending June 30, 2019 — an increase of 6.3% from the previous year, in part courtesy of the new Champions League broadcasting deal.

In addition was the announcement of 10 new or renewed global sponsorship deals, as well as the claim that it now had 1.1 billion fans and followers across the globe, according to data from Kantar, added further gloss to the shiny figures.
But when you swap the spreadsheets for the Premier League table, it’s clear something doesn’t add up.