Sponsors interested even if we don't win, says Man United exec

Sponsors interested even if we don't win, says Man United exec

Manchester United executive vice-chairman Ed Woodward insists the club do not need to keep winning trophies to remain attractive to sponsors.

United's vastly reduced debt has been a direct consequence of their increasing number of sponsorship deals.

Their first-quarter results showed a 63% jump in sponsorship revenue, which has continued to rise recently, with even more deals being announced.

Woodward is confident the trend will continue no matter what short-term difficulties United encounter on the pitch.

Speaking to fanzine 'United We Stand', in an interview conducted in October but published ahead of Wednesday's shock 1-0 home defeat by Everton, Woodward outlined the reasons for his optimism.

"There's still a lot of affinity with the club and interest," he said.

"The reality is that you can't always win.

"Take Liverpool. They still sell an incredible number of shirts and have the second biggest shirt deal in the Premier League.

"They have one of the biggest technical partner deals - and they haven't won the league since 1990. And you can put the last bit underlined and in capitals.

"If we have a bad year we have the financial strength to change the team. We have so much deeper financial strength that instead of selling three players and buying three, we can do five."

And that financial strength also means the naming rights to Old Trafford will never be sold.

"It's important that Old Trafford is Old Trafford," he said.

"The Glazers are actually very traditional in their views.

"People have asked us the question, asked us if we would consider (selling the naming rights). We won't."

More in this Section

'Tenacious player who gave his all': Tributes paid to former Roscommon footballer Conor Connelly who has died'Tenacious player who gave his all': Tributes paid to former Roscommon footballer Conor Connelly who has died

Tommy Fleetwood hopes Ryder Cup can be ‘light at the end of the tunnel’Tommy Fleetwood hopes Ryder Cup can be ‘light at the end of the tunnel’

Conor McGregor wants Defence Forces to help with lockdownConor McGregor wants Defence Forces to help with lockdown

Pedro reveals struggle as he is separated from his children during shutdownPedro reveals struggle as he is separated from his children during shutdown


Lifestyle

As the clocks go ahead, so does your style. Corina Gaffney picks your new wardrobe heroesFashion forward: Spring fashion as the clocks change

Des O'Sullivan gives an overview of the changed dates for much-anticipated salesAntiques & FIne Art: What events are put on hold for now?

Virtual auctions a welcome distraction, writes Des O’SullivanBuyers adapt with ease to bid online while grounded

I wish I could write us all back in time, when we could pop to the shops without fear, when grandparents did not have to wave through a window at their grandchildren.Michelle Darmody: Recipes with simple ingredients

More From The Irish Examiner