United confirm financial rise

Manchester United have announced significant rises in income and profits.

Last Updated: 14/02/13 at 15:57 Post Comment

Sir Alex Ferguson: Manchester United's commercial revenues have risen 29%.

Sir Alex Ferguson: Manchester United's commercial revenues have risen 29%.

More of the games that matter

2 years free Sky Broadband Unlimited for Sky Sports customers

The club, who will benefit financially this season from their Champions League run and new sponsorship deals, have seen an increase for the three-month period ending December 2012.

Commercial revenues have risen 29% compared to the same period in 2011, thanks to six new sponsorship deals.

For the 2012-13 financial year, United are forecasting revenue to be '£350m to £360m' compared to £320m last year.

The club's revenue fall last year was due to early exits in the Champions League and FA Cup.

United's executive vice-chairman Ed Woodward said: "Manchester United achieved record revenue... in the second quarter driven by our commercial operation, which continues to experience extremely strong growth particularly in sponsorship."

The club's gross debt has decreased by 16.1% since 30 June 2012 to £436.9m.

United's wage bill looks set to increase by more than 10% in the 2012-13 financial year.

A statement said: "Staff costs for the second quarter increased 14.2% year on year to £44.2m, primarily due to new player signings, player wage increases and growth in commercial headcount.

"The six months year to date increase is 10.5% year on year to £84.5m."

In 2012, United's wage bill was £160m.

More of the games that matter

2 years free Sky Broadband Unlimited for Sky Sports customers

Related News

Most Commented

Readers' Comments

Y

eah, if there's one thing football autobiographies need more of, it's mind numbing-inanity and platitudinous tales of bantz.

Hallicks
Robson blasts Keane book

W

e were a steaming pile of recently released dogs dinner.

popularpete,
Wenger: We refused to lose

I

m sure I'll be one of about 100 but the Monday's third allbum was actually Pill, Thrills n Bellyache. Brendan would kill for quality like that right now.

u man
Brendan Rodgers: Radiohead Or The Happy Mondays

Footer 365

Michael Chopra says he wants to become a manager in India

Michael Chopra wants to follow in the footsteps of David James and Marco Materazzi and become a manager.

Rodgers and Hodgson unite on press treatment of Sterling

Brendan Rodgers and Roy Hodgson have united to condemn the treatment of Raheem Sterling by the press this week.

FA seeks answers from Garry Monk over post-match criticism of referees

The FA has contacted Swansea manager Garry Monk regarding his post-match media comments at Stoke.

Mail Box

Oh Mario - Why Always Meh?

Come on in and play the Liverpool blame game. Is it the fault of Rodgers, Balotelli, Mignolet, Johnson, Markovic or Lovren? Plus, Arsenal fans annoyed in victory...

Do Man City Have A 'Small Mentality'?

That's one claim in the mailbox after Vincent Kompany focused on a few hundred CSKA fans sneaking into the ground instead of City blowing a two-goal lead...

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