Manchester United debt pile may force owners to fund new stadium Sport Business Doubts have emerged over Manchester United’s capacity to fund their £2bn-plus new stadium unless the owners inject cash. The club announced on Monday that they had secured the land required to build the 100,000-seater venue – dubbed a “Wembley of the North” – from Indurent, which lets industrial units. The 25-acre site is only 350m [...]
Saudi bigwig Turki Alalshikh hints at Manchester United investment Sport Business Saudi bigwig Turki Alalshikh has hinted at the potential of fresh investment into Premier League club Manchester United. A cryptic message on X, formerly Twitter, overnight suggests the club is in the “advanced stage” of finding new capital, just 18 months since Sir Jim Ratcliffe purchased nearly 30 per cent of the Red Devils. The [...]
Ratcliffe vows to make Man United world’s most profitable club Sport Business Sir Jim Ratcliffe has insisted that Manchester United will reverse six successive years of losses and become “the most profitable football club in the world”. The 20-time English champions have not been in the black since 2019 and took their cumulative losses over that period to around £400m last year. Manchester United topped Deloitte’s Football [...]
Who owns each Premier League club as US shareholdings boom? August 17, 2025 British firms or individuals are the biggest shareholders in just five Premier League clubs as US ownership booms ahead of the new season. Tony Bloom’s 96 per cent shareholding in Brighton and Hove Albion is the largest British stake in a Premier League club while Matthew Benham’s significant holding in Brentford is the only other [...]
Lessons for Man Utd from Everton’s new stadium – by the architect behind it February 18, 2025 The architect behind the new Everton Stadium on marrying history with future and why Manchester United chiefs should take note as they plot an Old Trafford rebuild. American architect Dan Meis knew he was going out on a limb when he submitted his design for Everton’s new stadium. Eschewing the trend for modern spacecraft-like arenas, [...]
Hundred: Sale of franchise stakes could value cricket league at £700m January 29, 2025 English cricket is set for a major financial boost with the Hundred sale, which enters its final round of bidding, expected to value the eight franchises at as much as £700m. That figure is double the sum the England and Wales Cricket Board rejected from Bridgepoint for the whole tournament in 2022 and would therefore [...]
Man Utd deal was win-win for Ratcliffe and Glazers, says Raine Group October 16, 2024 Sir Jim Ratcliffe’s £1.25bn investment in Manchester United was a win for both him and majority shareholders the Glazers, insists the bank which brokered the deal. Ineos tycoon Ratcliffe shelled out for a 27.7 per cent stake in the Premier League football club in December and, in return, took over much of the decision-making from [...]