Old Trafford

Next Game

Man Utd v Norwich

Saturday, 26 April 2014, 17:30

Barclays Prem

Goodison Park

Last Game

Everton 2 - 0 Man Utd

Sunday, 20 April 2014, 16:10

Barclays Prem

United post record turnover

Premier League champions Manchester United have revealed a record third-quarter turnover of £91.7m, with a 16 per cent decrease in debt.

Last Updated: 03/05/13 at 16:35 Post Comment    Bet with SkyBet  Premier League Winner 13/14.. Click here to bet.

Robin van Persie: One of Manchester United's big signings this season

Robin van Persie: One of Manchester United's big signings this season

In figures issued to the New York Stock Exchange on Thursday, the Premier League club revealed it is on course to generate more than £350m this season after posting record turnover figures in the three months up to March 31.

Along with a 52 per cent increase in sponsorship revenue, the figures also show a 28 per cent increase in commercial income to £114.5m over the full nine-month period.

And the Premier League title winners, owned by the American Glazer family, has reduced its debt to £367.6m, a drop of 16 per cent in nine months.

Ed Woodward, the club's executive vice-chairman, said: "Each of our three primary sectors - commercial, broadcasting and matchday - delivered strong top-line gains and helped us achieve a record third quarter for both revenue and adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization)."

United's 20th title triumph did come at a price, though, with a 25 per cent increase in wages to £44.9m through the signings of Robin van Persie and Shinji Kagawa, as well as renegotiated contracts and the growth of United's commercial team.

The figures issued on Thursday excluded the £120m eight-year deal with AON, which includes naming rights to their Carrington training complex and sponsorship of their training kit and overseas tours.

And it was also confirmed that completing the purchase of the club's own TV channel, MUTV, cost United £2.7m.

United have developed plans to open a commercial office in the US and are keen to make an impact in the Far East, where so much of their overseas support is based.

Bet with SkyBet  Premier League Winner 13/14.. Click here to bet.

Related News

Sky Bet

    • Retrieving latest Sky Bet odds

Most Commented

Readers' Comments

W

hy don't you call in Becks as well...and we will all have a lovely tea party!

kimosabi
United: Scholes helping out

M

ourinho is just a good-looking version of Allardyce (Fit Sam?). Clearly 19th century football isn't such a big deal after all?

Ezy_Rider
Chelsea Killed The Game Instead Of Playing It

S

tay put, Pep. Timothy Sherwood has this under control.

slowgraffiti
Guardiola plans Bayern stay

Footer 365

Michel Platini: Clubs guilty of breaking FFP rules will not face European expulsion

Michel Platini does not foresee competition bans for the first clubs guilty of breaching UEFA's Financial Fair Play.

Expert: Moyes sacking about money

Financial expert David Buik believes Manchester United's decision to sack David Moyes was "80 per cent" about money.

Roberto Martinez backs David Moyes to make 'very successful' return to management

David Moyes will make a successful return to management soon, according to the man who replaced him at Everton.

Mail Box

Guardiola Is No Better Than Moyes...

At least he wasn't in Bayern's defeat to Real Madrid, says one chap in the mailbox. Plus, more excitement over Van Gaal at Man United and thoughts on FFP...

Man United Fans Excited By Van Gaal Talk

Man United fans know who they want to replace David Moyes, with Louis van Gaal the favourite to take over at Old Trafford. Plus, thoughts on Real Madrid v Bayern Munich...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property