Just took a glance through United's last FR and was surprised with the amount of interests payed in 4 successive years. I haven't followed them before.
United at a first look is prime example of highly indebted club. From 117m in 2009 to 49m and overall more than 300m £ of interests payed in four years. Needles to say it consumes significant part of their yearly income. On positive side they achieved growth in the same period to offset payments. Juventus in comparison pay 3m euros of interests per year and have achieved higher relative growth lately. We mostly used capital or better to say our owners. It's enough to look at the number of shares circulating now and few years ago.
In spite of that United are profitable and have closed last year with 23m euros of net profit. Overall they have more balanced distribution of revenues. Tickets 114m, broadcasting 121m, commercial 137m, sales 12m in the end totaling
384m euros.
Looking Juve and our situation we will definitely have issue with stadium capacity and that might be limiting in a way. I don't think prices of tickets will increase at the previous rate considering economical situation in Italy. From this point of view and honestly it always looked that way, strategical mistake was made by previous management. It leaves us with broadcasting and commercial. I would emphasize commercial as probably the only way for us to grow further after this year. Anyway from our last year's FR revenues were distributed in a following way: tickets 31m (notice the gap), broadcasting 90m (this year already 130m), commercial 50m (another big gap), sales and other revenue 37m totaling
213m euros. So between Juve and United were difference of 170m in earnings. It would indeed need a miracle to close gap of this proportion and AA's plan more and more seems like a fairy tale.
Further more if Uefa in some sort of way don't impose regulations which will severely impact revenues of Spanish giants (imo the best way would be through broadcasting) other big European clubs will always be behind. But the question of motives remain.