{"id":601658,"date":"2019-03-06T03:55:39","date_gmt":"2019-03-06T03:55:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/06\/money-without-trophies-defining-success-in-football\/"},"modified":"2019-03-06T03:55:39","modified_gmt":"2019-03-06T03:55:39","slug":"money-without-trophies-defining-success-in-football","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/06\/money-without-trophies-defining-success-in-football\/","title":{"rendered":"Money without trophies: Defining success in football"},"content":{"rendered":"

<\/a> Money without trophies: Defining success in football.<\/b> Manchester United\u2019s post-2013 experience on the football pitch cannot by any stretch of the imagination be called a success. The departure of legendary manager Sir Alex Ferguson created a void at the club, one that none of his successors has been able to fill. For the most successful team in Premier League history, the trophies dried up, title hopes faded, and laughter replaced envy among rival fans. And yet, Manchester United can still mount a strong case for being one of the top three biggest clubs in the world alongside Real Madrid and Barcelona. In 2018 they comfortably had the third-largest online fanbase<\/a> and during the 2017\/18 season they were the highest earning club in the world, according to Deloitte\u2019s Football Money League.<\/a> And with a stock market cap of around USD 4.12 bn, they are the second most valuable sports team<\/a> in the world behind only the NFL\u2019s Dallas Cowboys. If the club\u2019s poor performances become further entrenched though, continued financial success may not be sustainable, the FT writes<\/a>.<\/p>\n

Record revenues: <\/b>Despite the hardships faced by the club on the pitch, United\u2019s earnings have continued to break club records with each passing season with TV rights and sponsorship agreements. It seems that in the 21st century, football teams may not require sporting success to become successful financially. Taking it straight from the horse\u2019s mouth: \u201cPlaying performance doesn\u2019t really have a meaningful impact on what we can do on the commercial side of the business,\u201d the club\u2019s executive vice-chairman Ed Woodward told analysts last year.<\/p>\n

Is money really enough? <\/b>The club may be in for a wake-up call if on-pitch results do not begin to improve. Failing to reach the Champions League for two successive seasons would activate a clause in the club\u2019s 10-year, GBP 750 mn Adidas contract that would see club will miss out on GBP 21 mn for each year it is outside the competition. And although the United brand is well established, Deutsche Bank analysts say that it could take damage if the team is not regularly featured in the top competitions. Besides, even if financial success is truly detached from on-field performance, for football fans should beg the question: Is money really enough? \u201cWe need to win,\u201d United CFO Cliff Baty told the FT. \u201cAnd we won\u2019t need to win just to be successful [commercially], we just need to win because ultimately that\u2019s our raison d\u2019\u00eatre.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Money without trophies: Defining success in football. Manchester United\u2019s post-2013 experience on the football pitch cannot by any stretch of the imagination be called a success. The departure of legendary manager Sir Alex Ferguson created a void at the club, one that none of his successors has been able to fill. For the most successful […]<\/p>\n","protected":false},"author":1,"featured_media":601659,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9003],"tags":[72,162,2397],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-601658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-worth-reading","tag-enterpriseam","tag-sports","tag-worth-reading","wpautop","entry"],"acf":{"mongo_id":"8ff8988b-287f-4ccb-9a83-27f389a49231","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2019\/3\/693.jpg","photo_position":"above","related_issue":[601637],"teaser":"","voice_url":""},"yoast_head":"\nMoney without trophies: Defining success in football - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/06\/money-without-trophies-defining-success-in-football\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Money without trophies: Defining success in football\" \/>\n<meta property=\"og:description\" content=\"Money without trophies: Defining success in football. 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It has\u2026","rel":"","context":"In "ON YOUR WAY OUT"","block_context":{"text":"ON YOUR WAY OUT","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-your-way-out\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/9\/71.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":574485,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/10\/public-prosecutor-transfers-african-cup-of-nations-investigation-to-public-funds-prosecution\/","url_meta":{"origin":601658,"position":1},"title":"Public Prosecutor transfers African Cup of Nations investigation to Public Funds Prosecution","author":"enterpriseam admin","date":"10 September 2020","format":false,"excerpt":"The Public Prosecutor has ordered the investigations into the missing African Cup of Nations trophy be handled by the Supreme Council for Public Funds Prosecution, according to a statement from the public prosecutor. 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The Pharaohs face Sweden tonight in the quarter-finals of the World Handball Championship at 9:30pm. Egypt qualified for the quarter-finals after coming in second in its group, one point behind Denmark.\u26bd There are quite a few matches to tune into this weekend, across several leagues. Carabao Cup: Nottingham Forest\u2026","rel":"","context":"In "ENTERPRISE RECOMMENDS"","block_context":{"text":"ENTERPRISE RECOMMENDS","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-recommends-2\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":580491,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/02\/cr7-is-officially-heading-to-saudi-elon-musk-sets-a-new-record-for-lost-wealth\/","url_meta":{"origin":601658,"position":4},"title":"CR7 is officially heading to Saudi + Elon Musk sets a new record for lost wealth","author":"enterpriseam admin","date":"2 January 2023","format":false,"excerpt":"You\u2019ll be soon hearing Siuuu blasting in Saudi Arabia: Portuguese football star Cristiano Ronaldo signed a contract with Saudi Arabia\u2019s AlNassr FC until 2025, the Riyadh-based club announced in a statement. Ronaldo is joining the Saudi club after leaving Manchester United in November on the back of a controversial interview\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/579.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":596593,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/02\/irrefutable-proof-that-mo-salah-is-meant-to-be-a-football-player\/","url_meta":{"origin":601658,"position":5},"title":"Irrefutable proof that Mo Salah is meant to be a football player","author":"enterpriseam admin","date":"2 July 2019","format":false,"excerpt":"Irrefutable proof that Mo Salah is meant to be a football player: If Mo Salah ever decides to leave football behind, let\u2019s just say he\u2019s not exactly going to find great success as a basketball player. 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