‘Man United face new snub’ as shock new figures emerge
Man United may have struggled for success in recent years but shock figures show them maintaining their place as the world’s second most valuable football club.
As per recent Forbes calculations, United are valued at $6.6billion (£4.9billion) with Real Madrid topping the global list for a fourth successive year at $6.75billion (£5.01billion).
The Red Devils’ valuation has doubled from $3.3billion when it was first calculated in 2016 – despite United not winning a league title in that time.
Despite their huge stature, Man United have lost £370million over the last five years of confirmed accounts.
Everton’s former chief Keith Wyness – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – insisted United will be snubbed by investors for a potential takeover until they show consistency on the pitch.
Man United will not find buyers at £5billion valuation, says Wyness
Speaking on the new edition of Football Insider’s Inside Track podcast, Wyness insisted Man United’s valuation is based on global appeal and their track record of success.
United have won 20 English league titles and three Champions League trophies – but have not lifted either since Sir Alex Ferguson’s departure in 2013.
Wyness told Football Insider‘s Inside Track podcast: “I follow these valuations religiously, because it’s an area I’m very interested in.
“That’s about eight times revenue, which seems high.
“Normally, you’re looking at a multiple of 2-4x revenue. It’s higher at Man United because of their global appeal and proven track record.
“I’ve said previously that to get Ratcliffe and the Glazers to sell, you’d have to offer £6-7billion.
“As it is, I don’t think anyone will offer that money given the present performance.
“I think even the £4.9billion valuation is optimistic.
“You won’t find many buyers at that level. If they can reclaim their position next season, then maybe.
“Right now, investors like to see consistency. That has not been part of the United toolbox.
“We’ve seen the stock price drop after the European final. Consistency is key for an investor at this level – when we’re talking about the second most valuable club in the world at £5billion.”
Gyokeres is ‘dream’ target for Man United
Meanwhile, Football Insider has revealed (4 June) that Sweden striker Viktor Gyokeres is the “dream” striker target at Man United after their move for first-choice forward Liam Delap collapsed.
Delap, 22, has joined rivals Chelsea for £30million – his release clause figure at relegated Ipswich Town.
Matheus Cunha has finalised his move from Wolves to Man United but will feature as a wide attacking midfielder in Ruben Amorim’s signing.
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