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Manchester United News: £500 Million Revenue Forecast Despite Concerns over Louis Van Gaal Performance
Manchester United expects its revenue for 2016 to climb to £500 million, despite concerns over its performance on the pitch.
The club posted Louis Van Gaal, who has been forced since Christmas to deny that he is considering leaving the club before his contract expires at the end of the 2016-17 season.
In January, Herbert Hainer, chief executive of one of the club’s principal sponsors Adidas, complained that though business with United was “going well,” the sportswear giant was unimpressed with the team’s performance on the pitch.
Hainer and Adidas may be mollified by the financial projections for 2016. United forecasts revenue of “between £500 and £510 million” ($719.7 million and $734 million).
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