Manchester United is The Richest Club In The World
business, club September 28th, 2007
Forbes announced that Manchester United is the most valuable soccer team in the world with estimated value around US $1,453 million and also the most profitable football club in the world with a $92 million in operational income (EBIT).
Other team that has the most value change (growth) is Olympic Lyon beating out all other team include Manchester United with a 6% growth from last year.
What i fear is that Manchester United has 84% debt/value ratio beating out Arsenal’s despite The Gunners had spent a lot of money building the new stadium. Is this means that the club’s growth leveraged by a huge amount of debt? If it is, then the management board must be in stress because then they will need a huge profit this year before the closing accounting period to keep the debt ratio ’safe’. From what i know, this is dangerous and had successfully killed many businesses. Ouch, no fun.
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