The King Power Stadium

Next Game

Leicester v Man Utd

Sunday, 21 September 2014, 13:30

Barclays Prem

Old Trafford

Last Game

Man Utd 4 - 0 QPR

Sunday, 14 September 2014, 16:00

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

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.

Related News

Most Commented

Readers' Comments

H

ilarious, thanks for that. But if I may, I do suspect the reason of your partners' ire is not Tottenham, but most probably all the compusilve gambling :)

DannySmith
Backing Costa To Keep Banging 'Em In

T

wo police horses in a paddock. Horse 1: What's with the long face? Horse 2: I'm working St James Park this weekend.

hump3.
Pardew - It's mass hysteria

T

wo things. First, I can't stop reading your name as 'Dane Bowers'. Second, you used the words 'philosophy' and 'Redknapp' in the same sentence.

ajsr1982
Can United's Defence Handle Ulloa?

Footer 365

Premier League: Man City manager Manuel Pellegrini not concerned by Yaya Toure's form

Manchester City manager Manuel Pellegrini has no concerns over the form or commitment of midfielder Yaya Toure.

Transfer news: Chelsea's Jose Mourinho plays down Cristiano Ronaldo transfer talk

Chelsea boss Jose Mourinho has played down speculation about signing Cristiano Ronaldo.

Dundee boss Paul Hartley anticipates a good derby with United

Dundee boss Paul Hartley maintains his players have no fears as they prepare for the derby match with Dundee United.

Mail Box

Be Careful What You Wish For, Gooners

That's the message from a Man United fan in the mailbox. Plus, thoughts on Paul Lambert's new contract, the Alan Pardew dilemma at Newcastle and lots more...

No, Wenger IS To Blame For Failure...

The backlash to the backlash to the backlash sees Arsene Wenger getting a good kicking while we also have mails on Chelsea, Newcastle, Everton and lots more...

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