
Manchester United are €700 million in debt, yet remain in the Premier League. Meanwhile, Olympique Lyon, with around €500 million in debt, have been relegated. Why?
You see, the difference is revenue.
United generate over €700 million per year through global sponsorships, merchandise, and TV rights. That income covers their expenses, including debt interest, keeping them financially stable.
Lyon, however, don’t earn enough to cover their costs. Without a strong global brand, they struggle to invest in players or stay competitive. Their financial weakness contributed to poor performance and eventual relegation.
Big debt isn’t the problem—not earning enough is.
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