News24
26 Feb 2020, 23:42 GMT+10
London - Ole Gunnar Solskjaer says the longer Manchester United are out of the Champions League, the more they will suffer after the club announced disappointing financial figures.
United are preparing to take on Club Brugge in the Europa League round of 32 on Thursday after a 1-1 draw away from home in the first leg.
The competition may give the club their best route back to the Champions League, given they are locked in a tough battle to qualify through the Premier League.
Failure to make it into Europe's top club competition for a second successive year would make it harder for United to attract elite-level reinforcements.
United recorded revenues of Pound 627.1 million last year but the club expects to earn between Pound 560 million and Pound 580 million in 2020.
Second-quarter figures released on Tuesday showed broadcasting revenue had fallen sharply due to United's absence from the Champions League.
"We're a big club, we've got good finances," Solskjaer said at his pre-match press conference on Wednesday.
"But of course the longer you're out the more you suffer, so of course it's an ambition for us to get back into the Champions League, both for the footballing reasons and financially that will help the club.
"We've just got to focus on the next game, this competition now, then it's the league on Sunday, then it's the FA Cup on Thursday, then it's the league again and hopefully more European games."
The Norwegian boss said Bruno Fernandes' arrival last month has boosted the club, who have climbed to fifth in the Premier League.
Fernandes scored his first United goal in a 3-0 win over Watford on Sunday and was also pivotal in an impressive 2-0 victory at Chelsea last week.
"We feel we've added some X-factor quality with Bruno, definitely," Solskjaer said. "The addition of Bruno gives us that little bit of a different flavour.
"He's a player who likes to play penetrative passes, forward passes, likes to take risks, which a Man United player should do.
"His imagination or his overview and his picture is a couple of seconds ahead of many players and that's one of strengths, knowing what he wants to do next time he gets it."
Get a daily dose of Broadcast Communications news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Broadcast Communications.
More InformationGOODLETTSVILLE, Tennessee: Dollar General reported record sales of US$10.44 billion for the latest quarter and raised its full-year...
SOUTH BURLINGTON, Vermont: Beta Technologies has become the first U.S. company to land an all-electric aircraft at an airport in the...
WASHINGTON, D.C. Forget bucket lists; this summer, it's all about budget lists. Amid economic uncertainty and a weaker dollar, Americans...
MENLO PARK, California: As artificial intelligence demands explode, Big Tech is turning to an old source for new power: nuclear energy....
NEW YORK, New York - U.S. stocks rose appreciably Friday following the release of a strong jobs report which sent the U.S. dollar higher,...
WASHINGTON, D.C. America's job market is starting to lose momentum. In April, job openings rose — but so did layoffs, marking their...
SHARJAH, 7th May, 2025 (WAM) -- The Sharjah Broadcasting Authority (SBA) recently took part in the 76th World News Media Congress,...
MOSCOW, JUNE 6, 2025- RT Academy, RT's international educational project, has held its first in-person journalism master-classes in...
The transition from physical casino floors to digital platforms has fundamentally altered the gambling landscape. While online casinos...
Its better to fall short in pursuit of excellence than settle for mediocrity Wes Hodkiewicz Russ from Peosta, IA Hi Mike and...
CANBERRA, June 6 (Xinhua) -- Australian Prime Minister Anthony Albanese said on Friday that his government will not loosen biosecurity...
CANBERRA, June 4 (Xinhua) -- The results of Australia's general election have been finalized after the electoral commission completed...