{"id":43170,"date":"2018-02-13T09:57:16","date_gmt":"2018-02-13T08:57:16","guid":{"rendered":"https:\/\/cruyffalumni.org\/johancruyffinstitute-2026\/understanding-manchester-united\/"},"modified":"2026-06-02T07:26:50","modified_gmt":"2026-06-02T05:26:50","slug":"understanding-manchester-united","status":"publish","type":"post","link":"https:\/\/johancruyffinstitute.cruyffalumni.org\/en\/the-magazine\/football-business\/understanding-manchester-united\/","title":{"rendered":"Understanding Manchester United"},"content":{"rendered":"<h2>Let&#8217;s find out\u00a0the secret behind Manchester United\u2019s success,\u00a0the richest and most\u00a0valuable football club in the world, not as dominant in results since Alex Ferguson retired<\/h2>\n<p><em>Written by Oliver Seitz and Matheus Girardi<\/em><\/p>\n<p class=\"thevelop-dropcap\">The most successful club in the history of the English <a href=\"https:\/\/www.premierleague.com\/\" target=\"_blank\" rel=\"noopener\"><strong>Premier League<\/strong><\/a>. The richest football club in the world according to Deloitte&#8217;s Sports Business Group. The most valuable football club in the world according to Forbes. The only football club listed on the New York Stock Exchange, the largest stock exchange in the world. Almost 700 million followers around the planet. Almost 200 thousand club members. Whatever way you look at it, the numbers of <a href=\"https:\/\/www.manutd.com\/\" target=\"_blank\" rel=\"noopener\"><strong>Manchester United<\/strong><\/a> are impressive.<\/p>\n<p>In the 2015-2016 season, the club generated more commercial revenue than <strong>Juventus<\/strong>, <strong>Tottenham Hotspur<\/strong>, <strong>Atl\u00e9tico Madrid<\/strong>, <strong>Roma<\/strong>, <strong>Internazionale<\/strong> and <strong>West Ham<\/strong> combined. In 20 years, <strong>United<\/strong> has registered 99% occupancy in every season of the English Premier League (EPL), even though <strong>Old Trafford<\/strong> is the largest football club stadium in the United Kingdom, with a capacity of over 75,000 fans. <strong>Manchester United is the commercialization of football at its best<\/strong>.<\/p>\n<p>However, since United&#8217;s long-lasting manager <strong>Sir Alex Ferguson<\/strong> \u00a0retired at the end of the 2012-2013 season, the club&#8217;s performance has plunged. In the four EPL seasons following his retirement, United&#8217;s best league position was fourth place in 2014-2015, lower than any of the EPL seasons under Ferguson.<\/p>\n<p>Despite that, Manchester United&#8217;s financial performance has not been affected. At least not yet. But how is it possible that the club is getting richer season after season without delivering results on the pitch? Has the club found a solution for one of football&#8217;s biggest dilemmas? Or does the club desperately need to start winning major trophies again to be able to sustain the operation?<\/p>\n<p>In this <strong>Football Focus<\/strong> edition, we will try to uncover the reasons behind the financial success of Manchester United and analyze the many challenges that lie ahead. At the end, you will be asked a few simple questions that, depending on the answer, could have profound implications for the future of the club.<\/p>\n<p>So, what is the secret behind Manchester United\u2019s success?<\/p>\n<p>Let&#8217;s find out.<\/p>\n<p><strong>If you are interested\u00a0in getting access to the full article and receive next study cases, please fill in the following form and we will send it to you by e-mail.<\/strong><\/p>\n<p><!-- Begin MailChimp Signup Form --><\/p>\n<div id=\"mc_embed_signup\">\n<div id=\"contact-form\">\n<form id=\"mc-embedded-subscribe-form\" class=\"validate\" action=\"\/\/johancruyffinstitute.us5.list-manage.com\/subscribe\/post?u=efb05dc2051eac0f1c4f8ea34&amp;id=4195f68b88\" method=\"post\" name=\"mc-embedded-subscribe-form\" novalidate=\"\" target=\"_blank\">\n<div id=\"mc_embed_signup_scroll\">\n<div class=\"mc-field-group\"><label for=\"mce-EMAIL\">E-mail <span class=\"asterisk\">*<\/span><br \/>\n<\/label><br \/>\n<input id=\"mce-EMAIL\" class=\"required email\" name=\"EMAIL\" type=\"email\" value=\"\" \/><\/div>\n<div class=\"mc-field-group\"><label for=\"mce-FNAME\">Name <span class=\"asterisk\">*<\/span><br \/>\n<\/label><br \/>\n<input id=\"mce-FNAME\" class=\"required\" name=\"FNAME\" type=\"text\" value=\"\" \/><\/div>\n<div class=\"mc-field-group\"><label for=\"mce-LNAME\">Last name <span class=\"asterisk\">*<\/span><br \/>\n<\/label><br \/>\n<input id=\"mce-LNAME\" class=\"required\" name=\"LNAME\" type=\"text\" value=\"\" \/><\/div>\n<div id=\"mce-responses\" class=\"clear\"><\/div>\n<div style=\"position: absolute; left: -5000px;\" aria-hidden=\"true\"><input tabindex=\"-1\" name=\"b_efb05dc2051eac0f1c4f8ea34_4195f68b88\" type=\"text\" value=\"\" \/><\/div>\n<div class=\"clear\"><input id=\"mc-embedded-subscribe\" class=\"button\" name=\"subscribe\" type=\"submit\" value=\"Subscribe to Football Focus\" \/><\/div>\n<\/div>\n<div><\/div>\n<\/form>\n<\/div>\n<\/div>\n<p><!--End mc_embed_signup--><\/p>\n<div class='programa-destacado-post'>\n<h3 class=\"especiality-mini-title\">FOOTBALL INDUSTRY INSIGHTS<\/h3>\n<h2 class=\"programa-maxi-title\">Seminar Series<\/h2>\n<div class=\"thevelop-posts\">\n<article>\n<p>The Football Industry Insights is a one-week program in Barcelona where participants will have the opportunity to learn about the football industry and interact with key individuals in the most relevant areas of the sector. The week is made up of a series of panels presented by a diverse range of professionals who will discuss the contemporary issues affecting the global and specific football markets.<\/p>\n<p><a class=\"button-in-post\" title=\"FOOTBALL INDUSTRY INSIGHTS Seminar Series\" href=\"https:\/\/johancruyffinstitute.cruyffalumni.org\/en\/programa\/seminar-series-football-industry-insights\/\" rel=\"bookmark\"><i class=\"fa fa-angle-double-right\" aria-hidden=\"true\"><\/i>Sign up<\/a><\/article>\n<\/div>\n<\/div>\n<div class=\"clearboth\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Let&#8217;s find out\u00a0the secret behind Manchester United\u2019s success,\u00a0the richest and most\u00a0valuable football club in the world, not as dominant in results since Alex Ferguson retired Written by Oliver Seitz and [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":44929,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[232,247,228],"tags":[],"editorial_type":[],"class_list":["post-43170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-football-business","category-football-focus","category-blog-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/johancruyffinstitute.cruyffalumni.org\/en\/wp-json\/wp\/v2\/posts\/43170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/johancruyffinstitute.cruyffalumni.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/johancruyffinstitute.cruyffalumni.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/johancruyffinstitute.cruyffalumni.org\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/johancruyffinstitute.cruyffalumni.org\/en\/wp-json\/wp\/v2\/comments?post=43170"}],"version-history":[{"count":0,"href":"https:\/\/johancruyffinstitute.cruyffalumni.org\/en\/wp-json\/wp\/v2\/posts\/43170\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/johancruyffinstitute.cruyffalumni.org\/en\/wp-json\/wp\/v2\/media\/44929"}],"wp:attachment":[{"href":"https:\/\/johancruyffinstitute.cruyffalumni.org\/en\/wp-json\/wp\/v2\/media?parent=43170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/johancruyffinstitute.cruyffalumni.org\/en\/wp-json\/wp\/v2\/categories?post=43170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/johancruyffinstitute.cruyffalumni.org\/en\/wp-json\/wp\/v2\/tags?post=43170"},{"taxonomy":"editorial_type","embeddable":true,"href":"https:\/\/johancruyffinstitute.cruyffalumni.org\/en\/wp-json\/wp\/v2\/editorial_type?post=43170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}