Friday 13 November 2015

Manchester United set for record £500m+ yearly revenue

©  Carl Recine
Manchester United look set to become the first-ever football club to record revenue in excess of £500 million in 2015, with positive quarterly results released yesterday.
Manchester United's quarterly revenue up until September 30 has increased by 39.3 percent, with the Old Trafford side bringing in £123.6 million.
This has led to the projection that revenue for the year will be £500-£510 million.
The Red Devils have been undergoing a revamp on the pitch following the retirement of legendary manager Sir Alex Ferguson in 2013. The team missed out on Champions League football last season.
However, a return to Europe’s major club competition and a record-breaking £750-million kit deal with Adidas have played their part in favorable recent results on the profit-and-loss account.

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