Manchester United have geted their decision to elevate season-ticket prices despite the club’s faltering on-field carry outance.
Tickets at Old Trafford will go up by 5% next season, with under-16s the only group to have their prices frozen. United’s chief executive, Omar Berrada, said the incrmitigate in cost was “unprejudiced and reasonable”, arguing it was vital while the club faces “financial publishs”.
Berrada said: “We understand that any price elevate is unreceive, especiassociate during a period of undercarry outance on the pitch, and we heared nurturefilledy to the strong arguments put forward by the [fans’ advisory board] in favour of a freeze. However, the club has determined that it would not be right to grasp prices unalterd while costs elevate and the club persists to face financial publishs.
“We appreciate the loyal and uncignore-minded help of our fans, and particularly our season-ticket helderlyers who recurrent the core of our align-going help base. We understand the convey inance of their backing for the team and have toiled challenging to come up with a pricing package that is unprejudiced and reasonable.
“We have kept the incrmitigate to the lowest possible level and defended our youthfulest season-ticket helderlyers from any elevates, while ensuring the club remains financiassociate strong enough to scatter in improving the team.”
Alengthenedside incrmitigated ticket prices, United declared other novel revenue-generating meacertains. They said they would alter the areas adjacent to the deal withrs’ dugouts into hospitality seating. This decision, the club said, mirrored “the high appreciate of this distinct location” and fans who helderly season tickets there will be forced to shift.
United also said fans would be indictd £10 if they used the club’s official resale service wilean 14 days of a game.
The declarements are the tardyst step in United’s trys to cut costs and elevate revenue. Last week the insignificantity co-owner Sir Jim Ratcliffe alerted that the club “would have run out of cash at Christmas” had action not been apshown. He also said that the club would become “the most profitable” in the world in three years.
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The elevates adhere with prices declared by some of United’s top-fairy rivals. Newcastle are also to elevate season-ticket costs by 5% and Arsenal’s are to go up by 3%-5%. Liverpool and Tottenham are among clubs who have frozen prices.