Well, we are definitely not second since PSG, Man City, Dortmund, Atletico, Everton etc etc had very little commercial revenue in 2007, but now they are comfortably top-20, so they likely grew a lot faster than us. I just did not have the base for 2007 to calculate growth for them since Deloitte collects only top-20, and they were outside of top-20 in 2007. But I can imagine Woody showing it like you said that in the presentations to Glazers though
I think he initially did well but in recent years our poor on-pitch performance has caught up with us. The mere fact that others have caught up with us has a correlation with how poor we have been since Fergie retired so in essence Woodward has been part responsible for both the growth and decline of the club.Woodward has been in charge of commercial side since 2007 (first as director of purely commercial operations, then in 2013 as a CEO). I decided to compare purely commercial revenue to other clubs using Deloitte Money league.
So here is the annual growth in commercial revenue from 2006/2007 to 2019/2020 for the clubs who were top-20 in both years:
Juve - 14%
Liverpool - 13%
Man Utd - 13%
Barcelona - 13%
Bayern - 12%
Spurs - 12%
Inter - 10%
Real Madrid - 10%
Arsenal - 10%
Chelsea - 9%
Schalke - 6%
Lyon - 2%
So the range for top clubs is basically 9-14% annual growth - Schalke and Lyon decreased their standing in the game a lot (Lyon was the dominant side in France, Schalke one of the top German sides) so not really comparable.
This list of course misses the ones which were top-20 in 2007 but performed badly after that (like Milan), but it also missed those who grew rapidly and broke into top-20 (PSG, City, Atlético, Dortmund etc).
In absolute numbers we were 4th in terms of commercial revenue in 2007 (behind Barca, Bayern and Real). In 2020 we are in the same 4th position behind the same clubs. Plus PSG and City are now 5th and 6th and close to us and growing rapidly - so with no success on the pitch I would say even our 4th position is under threat.
So in sum, on purely commercial side over Woodward tenure we just kept up with peers, nothing less but nothing more.
Yes, that is exactly what happened. Our commercial revenue between 2007 to 2013 grew at 17% annually. Nothing outrageous, some clubs grew at similar rates at the time - but if we consider clubs that already were among leaders in 2007 (so could not take advantage of low base) - only Bayern had better growth rate than us at 19%.
Off course
I mean, he got it wrong over and over and over again. Such gross incompetence - to make the wrong call at every single juncture a judgement needs to be made.
Stop talking shite. This is about Woodward and yet we have some on here they would put our foreign players in the debate for capital punishment. Pathetic.
He was just reaping the rewards of the work done by Sir Alex and David Gill. We're a mess on the pitch ever since Ed took over and our commercial side is affected too.
i thought this at the time. just his ususal PR spin. 'He knew nothing about the superleague', ahh but no 'when he knew about it couldnt continue'. The Glazers need him to look after the money
My theory at the time was if the superleague took off he would leave united and be a part of that, as joel announced himself joint chairman of of it. Ed would never have to set foot in OT again, that was when he was getting all the abuse. The club feels more like a political party now with spin and power control
The resignation was obviously bull**** to take off the heat at the time. I doubt he ever had any intention of going.
Except that he didn’t. Our market capitalisation on New York stock exchange is now less than when he took over as CEO. It was 2.7bn USD at the beginning of summer 2013 and it is 2.5bn USD now.
Amazing
