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New Icon Rising: Stadium Project Sets the Stage for Manchester United’s Brand Revival

Hugo Hensley
11 March 2025

Manchester United, once the world’s most valuable football brand valued at GBP1.4 billion in 2018, has experienced a notable decline in brand value, falling to fourth place in 2024 with a brand value of GBP1.2 billion. However, the club’s ambitious plan to construct the UK’s largest stadium presents an exciting opportunity for a powerful brand revival.

The proposed GBP2 billion stadium, characterised by innovative architecture including an iconic umbrella-inspired roof and striking 'trident' masts, represents far more than just infrastructural development.

Yet, the project’s success hinges upon astute financial management, particularly given Manchester United's existing debt obligations. Furthermore, meaningful community involvement and preserving the vibrant, authentic atmosphere treasured by supporters must remain priorities to ensure sustainable brand growth.

This stadium could serve as a transformative catalyst for Manchester United’s brand, significantly enhancing global visibility and appeal. The distinctive design elements will not only redefine matchday experiences but will also open extensive commercial avenues, notably through high-value naming rights and partnerships.

Our Brand Finance analysis reveals a critical challenge: Manchester United currently ranks ninth among the world's ten most valuable football brands in terms of perceived stadium quality, outperforming only Chelsea, another club actively pursuing stadium redevelopment. Moreover, prevailing perceptions amongst fans highlight dissatisfaction with club governance and off-pitch management practices. These are important issues that this project might also address.

If this is executed thoughtfully and delivered smoothly, this initiative has the potential to propel Manchester United back to the forefront of global sports branding. Beyond mere brand recovery, the stadium could ignite regional regeneration reminiscent of the impact seen during the London 2012 Olympics, positioning the club as the definitive icon of football’s global marketplace.

Brand Finance publishes extensive information on the brand value of Manchester United. As one of the world's most valuable football brands, Manchester United also features in the Brand Finance Football 50 annual report on the world's most valuable and strongest football brands.

About the Author

Hugo Hensley
Head of Sports Services
Brand Finance

Hugo Hensley is an expert in the business of sport and sponsorship, and has led Brand Finance’s services in this area for 4 years. Hugo has worked with the likes of Liverpool FC, Real Madrid, and Mercedes F1 to help them understand the value of their brands and calculate the value they create for partners through sponsorship. Hugo leads Brand Finance’s research studies into the value of sporting brands around the world, and the fan research studies that form the foundation of these insights. 

Hugo has contributed insights and commentary to print and broadcast media, as well as podcasts and industry journals, including The Economist, Bloomberg, BBC World News and WARC (World Advertising Research Centre). Hugo has lectured on the business of sport, branding in sport, and sponsorship return on investment at EmLyon Business School and UNSW Business School. 

Hugo qualified as a chartered accountant with Brand Finance, after graduating from Oxford University with a Masters in Engineering. 

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