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Manchester United plc is a professional football club that operates men's and women's football teams and engages in related activities. The company generates revenue through its global brand, leveraging sponsorships, broadcasting rights, and matchday activities. It also markets and sells sports apparel, training wear, and other branded merchandise worldwide.
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Commercial - Monetizes the Manchester United brand through sponsorship agreements with international and regional companies and sells branded sports apparel, training wear, and leisure clothing globally.
- Sponsorship - Establishes partnerships with leading companies to promote their brands using Manchester United's global platform.
- Retail, Merchandising, Apparel & Product Licensing - Markets and distributes branded clothing and merchandise to fans worldwide.
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Broadcasting - Earns revenue from global television rights for competitions such as the Premier League and UEFA club tournaments, and operates MUTV, a global television channel delivering Manchester United programming.
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Matchday - Generates income from ticket sales and other activities related to hosting football matches at Old Trafford, providing significant exposure and cash flow.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Avram Glazer ExecutiveBoard | Executive Co-Chairman and Director | Chairman of the Board of Directors of Innovate Corp | Avram Glazer has served as the Executive Co-Chairman and Director at Manchester United since May 2012. He has also held significant board roles at MANU and serves externally as Chairman of the Board of Directors of Innovate Corp. | View Report → |
Joel Glazer ExecutiveBoard | Executive Co-Chairman and Director | Chairman of the NFL International Committee; Member of Finance, Media, Legalized Sports Betting Committees and NFL Management Council Executive Committee; Co-Chairman of the Tampa Bay Buccaneers | Joel Glazer has served as Executive Co-Chairman and Director at MANU since May 2012. He has overseen the club's governance and contributed extensive leadership across sports organizations. | View Report → |
Omar Berrada ExecutiveBoard | Chief Executive Officer | Omar Berrada has been the CEO of Manchester United plc since July 2024, where he oversees all aspects of the club’s operations. He is also a Director at the company and previously held senior roles at City Football Group and FC Barcelona. | View Report → | |
Roger Bell Executive | Chief Financial Officer (CFO) | Roger Bell has been serving as the Chief Financial Officer (CFO) of Manchester United plc since May 2024. He previously held senior financial roles at INEOS and ICI. | ||
Bryan Glazer Board | Director | Co-Chairman of the Tampa Bay Buccaneers; NFL’s Media Owned and Operated Committee; Board member of the Glazer Children’s Museum | Bryan Glazer has served as a Director at Manchester United since August 2012. He has also held roles outside of Manchester United, including being the Co-Chairman of the Tampa Bay Buccaneers and serving on the NFL’s Media Owned and Operated Committee as well as the board of directors of the Glazer Children’s Museum. | |
Darcie Glazer Kassewitz Board | Director | Director of Red Football Limited ; President of the Glazer Vision Foundation ; President of the Glazer Family Foundation ; Owner and President of the Tampa Bay Buccaneers Foundation ; Member of the NFL Diversity, Equity, and Inclusion Committee | Darcie Glazer Kassewitz has been a Director of Manchester United since September 2012 and also holds leadership roles outside the company. | |
Edward Glazer Board | Director of Manchester United plc | non-executive director of Red Football Limited; Co-Chairman of the Tampa Bay Buccaneers; Chairman of US Property Trust; Chairman of US Auto Trust | Edward Glazer has served as a Director of Manchester United plc since November 2012. He also holds significant external roles, demonstrating his commitment to sports management and business leadership. | |
John Hooks Board | Independent Director | Independent Consultant; Board Member at Trussardi S.p.A. | John Hooks has served as an Independent Director at Manchester United since November 2012. He is a seasoned professional in the luxury fashion industry and complements his role at MANU with external positions as an independent consultant and board member at Trussardi S.p.A. | |
John Reece Board | Director | co-owner of INEOS; Finance Director at INEOS | John Reece is a Director at Manchester United PLC since February 2024. He is also a co-owner and has served as Finance Director at INEOS since 2000. | |
Kevin Glazer Board | Director | Chairman of Glazer Properties | Kevin Glazer has been serving as a Director at Manchester United since August 2012. He is a key member of the Glazer family, actively contributing to the club’s strategic oversight, while also serving as the Chairman of Glazer Properties. | |
Rob Nevin Board | Director | Chairman of INEOS Sport | Rob Nevin has been a Director of Manchester United plc since February 20, 2024 following a transaction with Trawlers Limited. He brings extensive leadership experience from his previous roles at INEOS Group and BP and currently serves as Chairman of INEOS Sport. | |
Robert Leitão Board | Independent Director | Managing Partner of Rothschild & Co Gestion; Co-Chairman of the Rothschild & Co Group Executive Committee; Head of Global Advisory; Chief Executive of NM Rothschild & Sons | Robert Leitão has served as an Independent Director at MANU since August 2012 and chairs the Audit Committee, qualifying as an 'audit committee financial expert'. |
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Your fiscal 2023 adjusted EBITDA guidance is £100 million to £110 million, significantly below the £185 million achieved in fiscal 2019; what specific steps are you taking to return EBITDA to pre-COVID levels, and how do you plan to mitigate the impact of missing out on the Champions League?
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Given that net debt has increased to £514.9 million, including £64.6 million due to foreign exchange impacts on U.S. dollar debt, how do you plan to manage debt levels and reduce exposure to currency fluctuations in the current economic climate?
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You mentioned being ahead of schedule in recruitment plans and not anticipating the same level of activity in future windows; how does this align with your long-term strategy for squad development and financial sustainability, especially in the context of UEFA's financial sustainability regulations?
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Despite freezing general admission ticket prices for the 11th straight year, stadium revenues continue to grow; can you elaborate on your strategies for increasing revenue from Old Trafford while keeping ticket prices flat, and how sustainable are these measures?
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With record digital engagement and e-commerce sales, and plans to explore blockchain-enabled fan offerings, how do you plan to further monetize these digital initiatives, and what impact do you expect them to have on overall revenues and profitability?
Recent press releases and 8-K filings for MANU.
- Manchester United plc has unveiled a transformation plan to enhance its financial sustainability and modernise its operating structure, aimed at reversing five consecutive years of losses since 2019.
- The plan includes cost-cutting measures with potential redundancies of 150-200 jobs, adding to the 250 roles removed last year.
- The initiative is part of a broader strategy to get the club back to profitability by streamlining operations and enabling future investments in football success and infrastructure.
- Revenue Performance: For the three months ended 31 December 2024, Manchester United achieved £198.7m in revenue—12.0% decline from 2023—with a 42.1% fall in broadcasting revenue despite increases in commercial (18.5%) and matchday (9.2%) segments.
- Profit Results: Reported a loss after tax of £27.7m compared to a previous profit of £20.4m, reflecting the impact of exceptional items and rising operating expenses.
- Liquidity & Financial Position: Maintained strong liquidity with £95.5m in cash and access to an undrawn revolving facility of £90.0m, supporting ongoing operations and debt covenant compliance.
- Corporate Disclosure: Issued a corporate release via Exhibit 99.1 in its 6-K filing, underscoring the company's commitment to transparent regulatory communication.