The £750m Adidas deal along with the Premier League’s £5bn TV rights agreement could see Man United eclipse Real as the world’s richest football club soon.
The Red Devils are slowly but surely clawing back their stature on the pitch after years of disarray, and the club are now due to climb the commercial summit once again according to the Daily Mail.
Real Madrid (valued at £2.17bn) have topped Deloitte’s rich list for the last 10 years, while Man United currently occupy third at a valuation of £2.03bn. The advent of United’s 10-year kit deal with apparal brand Adidas though could tip the balance in favour of the English club.
As Mike Keegan of the Mail states, the Old Trafford brass are estimating record revenues of £500million for the coming year, but it is 2016-17 which has got them even more excited.
That’s when the (frankly ridiculous) £5bn TV rights agreement will kick in for what’s already the richest League in world football.
Those at the top of said League would be looking at an annual windfall of around £150m, while those at the bottom will still earn more than a club would get for winning the Champions League.
A United spokesman confirmed the figures:
“Revenues in the current year are expected to grow from £395m to over £500m.”
This would represent a 26 per cent projected increase, and would surely make up the current shortfall to Real Madrid’s dizzying total.