Manchester United considering the sale of Old Trafford naming rights

Manchester United have brought up the idea of selling the Old Trafford naming rights as a way to increase funds to refurbish their current stadium or potentially build a new one.

According to The Athletic, United have held talks with major financial institutions such as the Bank of America exploring possible funding options to raise the capital required to cover a potentially costly project. However, both the club and the Bank of America have not made any comment about any collaboration with no final decision made yet.

Since Sir Jim Ratcliffe took operational control after acquiring just over a quarter of Manchester United, $227.7 million (£120 million) of his $451.6 million (£238 million) cash injection into the club has been used to pay down money on United’s revolving credit facility where originally it was supposed to go towards infrastructure.

It’s already been well-documented the amount of debt Manchester United is currently in; with the club trying to quickly sort out solutions to generate more income such as increasing their season tickets for the 2024/25 season by five per cent and deliberating whether to increase their current ticket prices moving forward. But if a refurbished Old Trafford or a new stadium came to fruition, would the club or INEOS, the company owned by Ratcliffe, take on the fresh debt that comes with it?

If the stadium were to be refurbished, a potential option which could happen that would allow the club to retain the Old Trafford name is to find an associated partner. For example, England’s national team stadium is called Wembley Stadium, connected by EE, where it’s reported the network provider pays $18.9 million (£10 million) per year. A similar approach to this has seen teams retain their traditional stadium names with a sponsor attached to it such as FC Barcelona’s Spotify Camp Nou.

If a complete rebuild were to be the case, The Athletic have reported that Manchester United are open to selling the name where they would hope to obtain a large fee.

However, the club have not yet revealed how they would fund a refurbishment or a new build with the Glazer family showing no inclination to self-fund United’s ambitions while Ratcliffe and INEOS would seek a mixture of public funds and private partners or debt to carry out the work.

Old Trafford has been the name of Manchester United’s stadium for 114 years and the club has never come to the point of selling the stadium’s naming rights. But we have seen Premier League sides use major brand names as the name of their stadiums such as Arsenal’s Emirates Stadium and Manchester City’s Etihad Stadium. In both of these cases, the airlines acquired the rights to not only the stadium’s names but also the front-of-shirt sponsorship.

But after a mixed season- where the club finished eighth in the league but was able to secure a place in the UEFA Europa League next season after beating Manchester City in the FA Cup final, Manchester United will hope their performances on the field improve this upcoming season to help relieve some of the financial stress they are currently holding. But if the club wants to increase funds by selling something as historic as the Old Trafford name, expect a lot of backlash from not only United fans but also football fans alike who have witnessed a rich history of a stadium that has seen so much success as the home of Manchester United.

Previous ArticleNext Article

GIS Industry Masterclass highlights pathways for women’s sport.

This month, the Global Institute of Sport (GIS) held an industry masterclass with guest speakers discussing the future of development in women’s sport.

The masterclass panel had two key speakers:

  • Chantella Perera, General Manager of Sport at KOJO.
  • Yael Reed, a sports marketing consultant who has worked with Newcastle Jets, Football Australia and Netball NSW.

These two industry experts, representing different areas of the women’s sporting world, delved into answering the event’s important goal of growth and sponsorship in women’s sport.

The role that media and commercial partners have in elevating women’s sport was a key point. Discussion was centred around the importance of encouraging broadcasters to invest in women’s sport directly and not just through male sport avenues.

Yael Reed spoke about the importance of media revenue being invested into women’s sports.

“Media partners with broadcast and commercial revenue is ultimately what is invested in the sport, and you need to invest to grow,” she said.

“Broadcast and commercial revenue also contributes to paying the players

“Media and coverage revenue is what is invested into the sport and their support is needed to help sports to grow, but also to benefit from, Women’s sport is no longer the steak knives.”

Chantella Perera, a former professional sportsperson and with KOJO a big leader in women’s sports events, outlined the position of women’s sports:

“From grassroots we see more equity with facilities and infrastructure for girls now. From my field in the event world lens, the investment from clubs and leagues is improving year on year. The disparity is still huge,” Perera said.

“There must be money invested to grow it. Yes, it is changing—a lot more females can do it as a job.

“But I feel we are still talking a lot but not doing a lot. People can make action, and it doesn’t have to be huge actions. Making those small steps towards that change is where we move forward.

“The Matildas’ success at the 2023 FIFA Women’s World Cup has sparked a rise in interest towards women’s football in the country.”

Perera, however, commented on the slow impact it has produced:

“It did have an impact with the eyes and traction, but we are still waiting for the influx of cash,”

“I’d challenge the effect and ask: two years on, have we seen enough from it? I just want to see if we can get more from it.”

A key point regarding investing in women’s sport and central to the discussion was how to invest in the differences between men’s and women’s sport.

Reed expressed her key ways in which this step can be tackled:

“It’s important for brands to consider Who they are trying to connect with? The benefit of women’s sport is it’s fresh and new (compared to men’s sport). There’s a lot to be unexpected. There are amazing people playing the sport and their story needs to be told,”

“I think when you can connect with athletes, with clubs, and harness that promotion and opportunity that’s there with women’s sport.

“The opportunity in women’s sport is to expect the unexpected.” Reed highlighted.

The important question of brand alignment became central to the discussion, with the equation for branding being relevance multiplied by emotion equals impact.

To harness the sponsor’s relevance to the team and the sport, harnessing that emotion and being relevant to the fans and showing up for them and having an impact promotes any brand.

An example presented by Reed was the Suzuki partnership with the Swifts:

“By putting players in their content and in the car the swift has been really positive,”

“The business case is there. We now have a greater asset in women’s sport to take your brands to the next level

“To have a women’s demographic is such a good asset for business branding.”

Women’s sport has faced challenges in gaining support and funding to expand and delve into the ever-growing popularity of the women’s game.

Sponsorships and businesses trying to grow their portfolio and market shouldn’t underestimate the power that women’s sport and football have.

It is unique and it is unexpected, as was discussed centrally in this masterclass.

The ways to grow women’s sport are there, and the benefits are evident. Sponsors need to take the necessary step and will undoubtedly reap the rewards if they do so.

Macarthur Bulls Extend Deal with Park on King

Macarthur Bulls FC have announced the continuation of its partnership with Park on King, the club’s official Away Day Travel Partner.

Park on King joined the Bulls during the 2024/25 A-League season, providing valuable support to both the club and its fans. This renewed partnership displays Park on King’s ongoing commitment to ensuring the Bulls are well-equipped to compete at both national and international levels.

Macarthur Bulls Chief Commercial Officer, Mark Jensen, expressed his enthusiasm for the continuing partnership. 

“Having Park on King continue with us as our official Away Day Travel Partner is fantastic for the club. Their support ensures our team can travel with confidence as we compete in multiple competitions this season,” said Jensen in a press release. 

Partnerships like this strengthen the Bulls on and off the field, and we’re excited to build on this journey together.”

Echoing this sentiment, Park on King Operations Manager, Mel Athanas, shared the company’s excitement. 

“We are thrilled to extend our partnership with Macarthur Bulls and continue supporting the club, players, and fans on their journeys across Australia and abroad,” Athanas said. 

“Football brings communities together, and we’re proud to play our part in helping the Bulls achieve success on the national and international stage.”

The extension of this partnership further reinforces the strong bond between the Bulls and their partners, ensuring that the club remains supported in its pursuit of excellence on and off the pitch. With Park on King’s continued commitment, Macarthur Bulls FC and its fans can look forward to seamless travel experiences, helping create unforgettable memories throughout the season.

Together, Macarthur Bulls FC and Park on King are set to deliver more successful journeys and lasting moments for players, fans, and the community for this upcoming A-League season.

Most Popular Topics

Editor Picks

Send this to a friend