The massive impact of football on Manchester

The massive impact of football on Manchester

Whilst personally I'm not a fan of either of these clubs (although respect where respect is due for the achievements) its hard to overlook the impact they have had, and are continuing to have on the city of Manchester.

The two footballing giants not only dominate the pitch but they also play a significant role in shaping the economic, property, and societal landscape of the city. Beyond the thrill of the game, these clubs are pivotal in driving prosperity and fostering community development.

Economic Boost

The economic impact of both clubs cannot be overstated. Matchdays at Old Trafford and the Etihad Stadium are not just about football; they are about business. From ticket sales and merchandise to hospitality and tourism, football matches inject millions into the local economy as well as providing a consistent flow of jobs. Bars, restaurants, hotels, and transportation services all benefit from the influx of fans.

Moreover, both clubs serve as magnets for global investment and sponsorship. Manchester United, with its storied history and worldwide fanbase, attracts sponsors from across the globe, while Manchester City's success on the pitch under its wealthy owners has propelled it into the upper echelons of footballing prestige, attracting lucrative deals and investments. These financial injections create jobs, support local businesses, and contribute to the city's overall wealth.

Property Development

The presence of Manchester United and Manchester City has also spurred property development in the surrounding areas. The construction of the Etihad Stadium and subsequent successful regeneration projects in East Manchester have transformed formerly neglected neighborhoods into vibrant residential and commercial hubs.

Manchester City council JV with FEC developers

Similarly, the allure of living near Old Trafford has driven demand for housing in the surrounding areas, leading to increased property values and investment in infrastructure.

Property values have shot up some 70% over the last 10 years with no signs of slowing down as well as rents increasing at a higher rate than anywhere in the country.

New Launch with purpose built clubhouse

Additionally, both clubs have invested in state-of-the-art training facilities and academy programs, attracting top talent and fostering a culture of excellence. These investments not only enhance the clubs' competitive edge but also contribute to the development of the local workforce and attract talent to the city.

Societal Impact

Beyond their economic contributions, Manchester United and Manchester City play a vital role in fostering community cohesion and pride. Football has a unique ability to unite people from diverse backgrounds under a common passion, transcending social barriers and fostering a sense of belonging. Both clubs have robust community outreach programs aimed at promoting education, health, and social inclusion, using their influence to drive positive change in the city.

Moreover, the success of Manchester United and Manchester City on the international stage puts Manchester on the map, boosting its global reputation and attracting visitors from around the world. This increased visibility not only benefits the clubs but also promotes tourism and investment in the city, further bolstering its economic prospects.

Summary

Without a doubt Manchester United and Manchester City are not just football clubs; they are economic powerhouses, catalysts for property development, and agents of positive societal change. Their influence extends far beyond the pitch, shaping the fabric of Manchester and driving its prosperity in more ways than one.

Man City for league winners this year ? Hard to bet against them at this stage ..

To access Manchester's largest regeneration project Victoria North and get information on new investment opportunities in this must have, ever growing city, get in touch on [email protected]

James Longley

Entrepreneur | FC Owner | Founder’s Growth Partner: Scaling £1M+ ARR Businesses to 8-Figure Exits

6 个月

Great article Greg, investors should definitely be looking seriously at Manchester.

John T.

Investment Director

6 个月

Great article - the teams are marketing the City every day globally which creates and enhance 'brand Manchester '. JIm Radcliffe has massive plabs for Old Trafford which will have a huge impact on job / inward investment .

Sean Cohen

Offshore Investment Advisor for South Africans | Tax-Efficient Structuring | Author of the 30 Second Market Brief | Protecting South Africans' Financial Futures

6 个月

The university, the football, the growing population. So many things going for the City. My great grandfather was from Manchester, but thankfully I have good taste in football so I support Liverpool ??

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