Submitted by Square_Tea4916 t3_10qi1sg in dataisbeautiful
Square_Tea4916 OP t1_j6qiw0t wrote
Reply to comment by currentscurrents in [OC] Manchester United Income and Expenses Breakdown of their 2022 Annual Report by Square_Tea4916
Think they can flip a switch to make it easily profitable. Not buying 1-2 players and not offering as high of wages relative to other clubs.
It’s pretty much like an over-valued tech company - high potential and big brand name.
But also hear owners get extremely favorable tax benefits from being owners in a large depreciating asset.
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