Manchester United - key figures
Published 12/09/2016 | 15:16
Manchester United announced record-breaking financial results on Monday.
Here, Press Association Sport picks out some of the key figures from the club's accounts up until June 30, 2016.
- United posted a record total revenue of £515.3million, becoming the first British club to earn more than half a billion pounds in a single year.
- The club's total revenue is predicted to rise to between £530m and £540m next year, despite missing out on Champions League qualification.
- Operating profit for 2015-16 was £68.6m, compared to £31.6m the previous year.
- United's commercial revenue rose 36.3 per cent to £268.3m in a year that the agreement with Adidas came into play, helping retail revenues rise 207.9 per cent.
- Broadcasting revenue for the year increased by 30.4 per cent to £140.4m, primarily due to their participation in UEFA competitions.
- United's net debt increased 2.2 per cent to £260.9m, with that £5.7m change pinned on the impact of exchange rate movements on their United States dollar denominated debt.
- Total operating expenses increased by 12.8 per cent to £436.6m and employee benefit expenses were £232.2m, an increase of 14.6 per cent primarily thanks to contract extensions and a rise in salaries due to Champions League participation.
- The exit of manager Louis van Gaal and his coaching staff cost the club £8.4m in compensation.
- United wrote off £6.7m as midfielder Bastian Schweinsteiger is "no longer considered to be a member of the first team playing squad".