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Manchester United is 'most valuable football brand' | Manchester United is 'most valuable football brand' |
(34 minutes later) | |
Manchester United is the world's most valuable football brand, replacing Bayern Munich, according to a report from consultancy Brand Finance. | Manchester United is the world's most valuable football brand, replacing Bayern Munich, according to a report from consultancy Brand Finance. |
Despite winning no trophies again last season the Old Trafford club's brand is estimated to be worth $1.2bn (£789m). | Despite winning no trophies again last season the Old Trafford club's brand is estimated to be worth $1.2bn (£789m). |
Six of the top 10 most valuable club brands were English. | |
Barcelona, who won the Champions League final on Saturday, slipped two places from last year to sixth most valuable club, worth $773m. | |
'Huge windfalls' | 'Huge windfalls' |
A recent report in Spanish newspaper Sport had suggested that Man Utd's global fan base had fallen because of its couple of barren seasons. | |
But the Brand Finance report said: "Even if recent reports of fan losses are to be believed, United retains legions of followers in India, South East Asia and China, contributing to a total of over half a billion individuals and the news certainly does not appear to have deterred sponsors." | |
They point to the club's lucrative shirt sponsorship deal with Chevrolet and "record breaking" kit supply deal with Adidas, which was signed in 2014 and is worth £750m to United over 10 years. | |
They added that "the huge windfalls that Man Utd can expect, will see both revenues and brand value continue to increase in the coming years". | |
They also say that the club's brand value has increased by 63% since 2014. | |
"The most critical success factor in the Manchester United brand's renewed financial potency has been this year's record-breaking, £5.1bn deal for the UK broadcast rights of the Premier League." | "The most critical success factor in the Manchester United brand's renewed financial potency has been this year's record-breaking, £5.1bn deal for the UK broadcast rights of the Premier League." |
Bayern slipped to second in the football brand table, with Real Madrid third, and Paris St-Germain in ninth. There were no Italian clubs in the top 10. |