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Player’s high salaries and the recent controversial ticket price hikes is an `integral’ part of the club’s global success story, David Gill told a gathering of business people at Manchester Business School.
Some highlights of his speech:
- Business turnover has grown from £80m in 1991 to £245m as of the end of last year.
- In the same period, the club’s post-tax profits have increased from £6m to £18m.
- Independent research: United is followed by 330m people globally – giving sponsors access to `unrivalled’ media exposure.
- The players recognise that they really are pivotal to the club’s success so they can demand high fees.
- The team creates the flair which perpetuates Red’s media coverage, which in turn reassures our sponsors that they are getting the best possible media exposure around the world
- The vision is to be the best club both on and off the pitch.
- 8,000 of Old Trafford’s 76,000 seats are executive class and contribute around 40% of all match day revenue.
