Skip to main content

United fans upset by ticket price increases

Manchester United fans have branded a 5 per cent increase in season-ticket prices as “offensive” and claimed that the Glazer family should be dipping into their own pockets to help ease the club’s financial problems instead.

A week after Sir Jim Ratcliffe, the Ineos chairman and United co-owner, said that the club would have run out of money this year if he had not injected £230million, they announced a season-ticket hike of 5 per cent for the third consecutive season.

For the 2025-26 campaign, an adult season ticket at Old Trafford will cost from £608 to £1,121. United said that season-ticket holders would pay on average £2.50 more per game.

Prices for under-16s have been frozen but the club have slashed OAP discounts from 50 per cent to 25 per cent and for the first time, games for non-season-ticket holders will be categorised, with bigger matches against rivals and neighbours costing more.

Before last year, United had frozen season-ticket prices for 11 consecutive seasons, but Omar Berrada, the club’s chief executive, cited an increase in “operational costs” — such as rising energy prices — and the club’s “financial issues” as the reason why they were asking fans to fork out, even though they have endured a terrible season.

As part of Ineos’s drive to raise more revenue, a few hundred fans who sit near the dugouts will be turfed out and moved elsewhere because United have realised they can sell those seats for several times their present price as part of a hospitality package.

Labels

Labels:

Comments

Post a Comment

Popular posts from this blog

Threat of financial calamity removed from Baggies

West Bromwich Albion had effectively been in decline ever since the club was sold to a Chinese consortium in August 2016, paying a figure north of £200m to buy former owner Jeremy Peace’s stake. Controlling shareholder Guochuan Lai’s ownership was fairly disastrous for the club, but his unloved tenure finally came to an end after Bilkul Football WBA, a company ultimately owned by Florida-based entrepreneur Shilen Patel and his father Dr Kiran Patel, acquired an 87.8% shareholding in West Bromwich Albion Group Limited, the parent company of West Bromwich Albion Football Club. This change in ownership was urgently required, due to the numerous financial problems facing West Brom, including growing high-interest debt and serious cash flow concerns, following years of no investment from the former owner. Indeed, West Brom’s auditors had already rung the alarm bell in the 2021/22 accounts when they cast doubt on the club’s ability to continue as a going concern without making player s...
1 comment
Read more

Spurs to sell minority stake

Tottenham Hotspur is in talks to sell a minority stake in a deal that could value it at up to £3.75 billion and pave the way for Joe Lewis and his family to sever ties with the Premier League football club. Tottenham chairman Daniel Levy is seeking an investment that values the club at between £3.5 billion and £3.75 billion, including debt. While the terms of any deal have not been finalised, City sources expect Spurs to sell about 10 per cent. The club is being advised by bankers from Rothschild on the sale. Tottenham wants to raise fresh capital for new player signings and to help fund the development of an academy for its women’s team, as well as a 30-storey hotel next to its north London stadium. The financier Amanda Staveley, who brokered the deal for Saudi Arabia’s Public Investment Fund to take over Newcastle United, is understood to be among the parties to have expressed an interest in Tottenham. Staveley’s fund, PCP Capital Partners, has raised about £500 million to ...
Post a Comment
Read more

Millwall punch above their weight

Millwall’s season was overshadowed by the tragic death of owner John Berylson following a car accident. The American had been an exemplary owner, beloved by the fans for his leadership, passion and generosity. Millwall’s finances had been pretty good during his tenure, which we shall explore by looking at the most recent accounts from the 2022/23 season, when the club narrowly missed out on a place in the play-offs after finishing 8th. Millwall’s pre-tax loss slightly reduced from £12.6m to £12.2m, as revenue rose £0.8m (4%) from £18.6m to a club record £19.4m and player sales improved from a £0.1m loss to £2.5m profit. However, other operating income dropped from by £1.1m from £1.3m to £0.2m, while operating expenses increased £1.7m (5%) from £31.6m to £33.3m. The main driver of the revenue increase was broadcasting, which rose £1.1m (12%) from £9.1m to £10.2m, though match day was also up £0.4m (7%) from £5.8m to £6.2m. In contrast, commercial fell £0.7m (19%) from £3.7m to £3....
Post a Comment
Read more