Thursday, 16 November 2017

Manchester Utd revenues grow by 17.3% to £141m thanks to TV and match-day income

Manchester United has announced that total revenues for the three months to October grew by 17.3% to £141m.

Broadcasting and match-day revenues leapt more than 30%, while commercial and sponsor income also grew.

But the Old Trafford club's income from retail, merchandising, sportswear and product licensing slipped by 0.4% on the previous year.

The club also reported a big leap in operating profits, from £6.2m a year ago to £15.2m now.

Manchester United is second in the Premier League and poised to qualify for the Champions League knock-out phase. It is also in the last eight of the Carabao League Cup.
"We are just over a quarter of the way through what promises to be another exciting season," said club executive chairman Ed Woodward.

"In the Champions League, we have won all four games played to-date; we are through to the quarter-final of the Carabao Cup and are looking forward to the next few months as the number of matches ramps up."

During the quarterly period, the club took part in a US tour and also signed three new players - Victor Lindelof, Romelu Lukaku and Nemanja Matic.

BBC     News.

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