BT MAGAZINE 2024 VF no marks 8 oct - Flipbook - Page 36
ISSUE 17
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The massive impact of football
on Manchester
Written by Greg Stockton, Head of global sales, Global Residential
W
hilst 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.
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.
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