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Wednesday, November 20, 2019

Premier League: Liverpool's £200million advantage over Man United as financial figures released


Manchester United's first-quarter results have shown their net debt is £384.5million which is expressively more than Liverpool. The latest financial figures show Liverpool could have an off-the-field advantage over competitors Manchester United that is worth more than £200million. Football supporters from around the world can buy Premier League Tickets online to enjoy its wonderful actions.


United's executive vice-chairman Ed Woodward has exposed the club's latest financial figures for 2018/2019 - and The absence of Champions League football has had an important effect.
United's debt now positions at £384.5million, an increase of £137.3million, mainly due a letdown to qualify for the Champions League which will bring the club as much as £67million less in income.
Broadcasting revenue was also down by £9.9million due to their non-participation in the competition. Liverpool 's latest financial statistics were released in February with the next set projected early in the new year.
The Reds set a club record for the biggest pre-tax profit made during the 2017/18 financial year after the club made the Champions League final in Kyiv. Liverpool's net debt was believed to be £155million - some £229.5million less than United's latest figure. Liverpool also had £10million cash in the bank, brightening the overall picture further.
With Jurgen Klopp side making another Champions League final and this time winning, the Liverpool are likely to be in an even stronger place than they were when the last financial outcomes were displayed.
And with United currently nine points off fourth place, winning the Europa League could be the Red Devils' the best chance of qualifying for the Champions League next season.
It is worth noting that while United's debt has increased, their revenue is still way ahead of many Premier League rivals. The club also stay to have significant profitable success with revenue growing by £4.5million.
However, Liverpool won a high court victory last month which will allow them to follow a new tackle deal with Nike. If this has the preferred impact, it could be another game-changer for Liverpool in financial terms.
The supplier currently pays United £75million a year but the agreement is said to stipulate a 30% reduction in payment should the club fail to qualify for successive Champions Leagues - a worrying prospect.
We will see more when Liverpool's figures are released in the coming months but the signs are confident for the Liverpool who are perhaps in their strongest place for more than a decade.
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