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Cashing in on Manchester United

Cashing in on Manchester United

Not only is this an exciting fixture for the fans, it's also an exciting fixture for the accountants at Wolves!

With 60,000 expected at Old Trafford, thanks in part to the selection of England striker Michael Owen, we (and when I say we, I mean the club rather than us personally) can be expected to receive a £600,000 windfall from our (again the club) share of the gate.

Thanks to Carling Cup rules we get 45% of the profits from the game, with the other 45% going to Manchester United (only fair) and the other 10% going to the Football League.

Throw in the TV money from Sky for live screening on TV and we're quids in before we have even kicked off.

"It`s a really lucrative tie for us. Financially, it`s the draw of the round.' Chief executive Jez Moxey told the Express & Star.

He went on to add: "It`s a really healthy financial boost for the club, but that`s not at the forefront of our minds.'

Which I`m quite glad to hear! We are after all now a Premier League club and we shouldn't just take the money and run.

That isn't what football is about. It's about competing, something that Jez believes we can do: "We want to go to Old Trafford, win the tie and get to the next round. We`d love to win the competition."

Vital Wolves Comment: Europe here we come!

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Writer:Akela
Date:Wednesday September 23 2009
Time: 12:00PM

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