Piling on: United fall out of top-three highest-earning clubs



LONDON // Real Madrid and Barcelona are soccer’s biggest moneymakers for the fifth straight year, and Manchester United lost its place among the top three biggest-earning clubs for the first time.

United, who are enduring a lacklustre season under new manager David Moyes, dropped to fourth behind European champions Bayern Munich in the Football Money League compiled by accountancy firm Deloitte.

The biggest growth in 2012/13 was at Paris Saint-Germain, which went from 10th to fifth as the club’s global profile was enhanced by David Beckham’s four-month spell with the Ligue 1-winning team.

Madrid stayed on top for the ninth straight year after revenue rose slightly to $703 million (Dh2.58b). Spanish rival Barcelona had revenues of $654 million.

“Real Madrid remain firmly at the top of the Money League, even though the club experienced a trophy-less end to the 2012/13 season,” said Dan Jones, a partner in the sports business group at Deloitte.

“Despite tough economic conditions, particularly within Spain, the club’s ability to generate substantial commercial revenue both domestically and internationally is central to their success.

“This helped widen the gap to their nearest rivals in the Money League, Barcelona, to ($56 million). Both Spanish clubs enjoy substantial revenue from individually negotiated broadcast deals, which is key in contributing to their overall revenue advantage over their European peers.”

In Germany, Bayern’s income jumped 17 per cent to $584 million as the German club won the Champions League, Bundesliga and German Cup.

United’s growth was slower – 13 per cent to $602 million – as the team collected the Premier League title before manager Alex Ferguson retired in May.

“It is the first time Manchester United have dropped out of the top three but Bayern had an exceptional year,” Jones said. “Next year United will have the Chevrolet (shirt sponsorship) deal plus other new commercial deals in their figures, and the new Premier League TV deal so we are confident they will be back in the top three.”

But in the Premier League, United are seventh, 14 points behind leader Arsenal, with a fight to secure one of the four Champions League spots.

“The longer term depends in part what happens on the pitch and if they do not qualify for next season’s Champions League that is probably worth ($67 million) directly in terms of money from TV and attendances at Old Trafford,” Jones said.

Deloitte revealed details of clubs yet to publish their 2012/13 accounts, including two of the biggest spending clubs, Paris Saint-Germain and Manchester City, who face a challenge complying with Uefa’s Financial Fair Play regulations. The Gulf-owned teams have benefited from sponsorship deals related to their owners.

Income at Qatar-owned PSG soared by 180 per cent to $540 million as they won the French title for the first time in 19 years.

“We expect to see them become a mainstay in the top five in years to come, backed by their ambitious Qatari owners and strong commercial support,” said Austin Houlihan of Deloitte.

“The high-profile signing of David Beckham in the second half of the 2012/13 season only served to enhance the club’s worldwide profile. Importantly, commercial success off the pitch is translating into improved on-pitch performance for the club.”

Man City’s turnover increased by 17 per cent to $449 million despite the team, owned by Sheikh Mansour bin Zayed, failing to win a trophy last season.

Two Premier League rivals are directly below City, with Chelsea seeing turnover drop slightly to $431 million and Arsenal’s rising to $404 million.

Joker: Folie a Deux

Starring: Joaquin Phoenix, Lady Gaga, Brendan Gleeson

Director: Todd Phillips 

Rating: 2/5

Messi at the Copa America

2007 – lost 3-0 to Brazil in the final

2011 – lost to Uruguay on penalties in the quarter-finals

2015 – lost to Chile on penalties in the final

2016 – lost to Chile on penalties in the final

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Safety 'top priority' for rival hyperloop company

The chief operating officer of Hyperloop Transportation Technologies, Andres de Leon, said his company's hyperloop technology is “ready” and safe.

He said the company prioritised safety throughout its development and, last year, Munich Re, one of the world's largest reinsurance companies, announced it was ready to insure their technology.

“Our levitation, propulsion, and vacuum technology have all been developed [...] over several decades and have been deployed and tested at full scale,” he said in a statement to The National.

“Only once the system has been certified and approved will it move people,” he said.

HyperloopTT has begun designing and engineering processes for its Abu Dhabi projects and hopes to break ground soon. 

With no delivery date yet announced, Mr de Leon said timelines had to be considered carefully, as government approval, permits, and regulations could create necessary delays.

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Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
Our family matters legal consultant

Name: Dr Hassan Mohsen Elhais

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How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

Disclaimer

Director: Alfonso Cuaron 

Stars: Cate Blanchett, Kevin Kline, Lesley Manville 

Rating: 4/5

Sustainable Development Goals

1. End poverty in all its forms everywhere

2. End hunger, achieve food security and improved nutrition and promote sustainable agriculture

3. Ensure healthy lives and promote well-being for all at all ages

4. Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all

5. Achieve gender equality and empower all women and girls

6. Ensure availability and sustainable management of water and sanitation for all

7. Ensure access to affordable, reliable, sustainable and modern energy for all

8. Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

9. Build resilient infrastructure, promote inclusive and sustainable industrialisation and foster innovation

10. Reduce inequality  within and among countries

11. Make cities and human settlements inclusive, safe, resilient and sustainable

12. Ensure sustainable consumption and production patterns

13. Take urgent action to combat climate change and its effects

14. Conserve and sustainably use the oceans, seas and marine resources for sustainable development

15. Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss

16. Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels

17. Strengthen the means of implementation and revitalise the global partnership for sustainable development

FA CUP FINAL

Chelsea 1
Hazard (22' pen)

Manchester United 0

Man of the match: Eden Hazard (Chelsea)

PLAY-OFF%20DRAW
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If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.

When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.

How to get there: Emirates currently flies from Dubai to Orlando five times a week.
MATCH INFO

Europa League semi-final, second leg
Atletico Madrid (1) v Arsenal (1)

Where: Wanda Metropolitano
When: Thursday, kick-off 10.45pm
Live: On BeIN Sports HD

Cricket World Cup League 2

UAE squad

Rahul Chopra (captain), Aayan Afzal Khan, Ali Naseer, Aryansh Sharma, Basil Hameed, Dhruv Parashar, Junaid Siddique, Muhammad Farooq, Muhammad Jawadullah, Muhammad Waseem, Omid Rahman, Rahul Bhatia, Tanish Suri, Vishnu Sukumaran, Vriitya Aravind

Fixtures

Friday, November 1 – Oman v UAE
Sunday, November 3 – UAE v Netherlands
Thursday, November 7 – UAE v Oman
Saturday, November 9 – Netherlands v UAE


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