How do they manage to stay relevant from a marketing perspective though? If a big club struggles for 3 seasons, fine, they might not lose many fans. But last time they competed for a major trophy was almost 15 years ago. Even under Ferguson they were already massively declining. What would draw teenagers and young fans towards United in this day and age? If you are 20 now, you have barely seen them lift a major trophy in your lifetime, they don't play particularly attractive football as Arsenal used to do under Wenger despite no trophies, they don't have any superstars worth following. So how are they still successful revenue-wise? Boomers keeping them alive? Local Manchester people who refuse to root for City's Arab sugar daddies?
How many more years can they be this unsuccessful on the pitch yet remain strong financially?