Record revenues for United

Manchester United have revealed record revenues for the first quarter of the financial year.

Last Updated: 14/11/13 at 16:51 Post Comment

Manchester United: Record revenues for Premier League champions

Manchester United: Record revenues for Premier League champions

More of the games that matter

2 years free Sky Broadband Unlimited for Sky Sports customers

Several new sponsorship deals - including Russia airline Aeroflot and soft drinks company Pepsi - and the effect of the new Premier League TV rights deal has seen a 29 per cent rise in revenue to £98million.

United also reported a core profit of £22m in the quarter, an increase of 36%.

United executive vice-chairman Ed Woodward said: "We are pleased to have achieved another record first quarter, driven by the strength of our commercial business and increased broadcasting revenues.

"Our unique approach to the commercial business will continue to drive future growth. We are also excited by the continuing rise in the value of sports content."

The Premier League champion are forecasting revenues for the year as a whole of between £420m and £430m, closing the gap on European rivals Real Madrid and Barcelona.

United shares, which have been listed on the New York Stock Exchange since August 2012, closed at $15.75 on Wednesday, valuing the club at $2.6bn (£1.62bn).

More of the games that matter

2 years free Sky Broadband Unlimited for Sky Sports customers

Related News

Most Commented

Readers' Comments

W

riting a minute by minute account on Berbatov would be like chronicling the days of the guy punished for sloth in the movie Se7en. Day 4 - lay in bed, did nothing - 15th minute, stood there did nothing .

lustral
Taking A Close Look At Mario...

W

hen players in their 30s leave Real Madrid, it's usually to Bolton Wanderers. I miss those days.

sailingmagpie
Top Ten CL Players Whetting Our Appetite

W

ow Pete, you would make an excellent stalker!

fouloleron
Taking A Close Look At Mario...

Footer 365

Champions League review: Big wins for Roma and Porto, Barca edge to victory

Roma and Porto earned big wins in the Champions League, while Barcelona opened their campaign with a narrow victory.

Champions League: Jose Mourinho rues missed chances in Schalke draw

Jose Mourinho bemoaned Chelsea's failure to kill off Schalke with a second goal before Klaas-Jan Huntelaar's equaliser.

Champions League: Man City goalkeeper Joe Hart left to rue late Bayern Munich winner

Man City goalkeeper Joe Hart admitted Jerome Boateng's late winner for Bayern Munich felt like a kick in the teeth.

Mail Box

I've Given It Some Thought: He's Got To Go

There is some more considered reaction to Arsenal and Liverpool's results, plus a big get well soon message for Jonas Gutierrez. And an apology to Merse...

B**locks To That, I'm Going To Sit In The Shed

Arsenal supporters given their understandable reaction to the debacle in Dortmund, whilst Liverpool fans weren't too impressed either. Still, at least they won...

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