Pranav Nair
Manchester United set to lose out on £139.39million this season
According to The Telegraph, Manchester United stand to lose out the most due to COVID-19.
The Red Devils could be set for a steep loss if crowds do not return to stadiums before the end of the season. Although it was initially expected that fans would be allowed in a limited capacity from October.
However, the government has since postponed the decision by up to six months due to fears of a second wave of the virus. (h/t Sky Sports)
While the lack of fans does not put us in such a dire condition as some of the lower league clubs, it is set to have a severe impact on the money coming in.
No club is set to lose more than United. The Red Devils are set to take a £139.39million in earnings.
The losses are around £17m more than that of Arsenal in second place. Despite being below us, the Gunners will be worse off since matchday revenue accounts for around 25% of their earnings. (h/t The Telegraph)
Manchester City are the sixth-worst affected club while Liverpool and Chelsea occupy the fourth and third spot respectively.
Whether the estimations will have an effect on our transfer business remains to be seen. In addition to these projected losses, it was reported by Sky Sports that the club are finding it difficult to sell fringe players.
With our rivals strengthening, time is running out for United before the window closes on October 5. With no reinforcements, we could continue to lose on the pitch as well.
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The projections have been made by financial analysts Vysyble. They calculated expected revenues in the 2019-20 and 2020-21 seasons according to the published 2018-19 balance sheets.
It was then factored in the number of games already played by each club prior to lockdown during the 2019-20 season, average attendance, and how clubs were progressing so far this season in competitions.
