Manchester United's revenue jumps 30pc
Manchester United's revenue rose almost 30pc as the Premier League champions benefited from their global appeal and the soaring value of television rights.
The financial results released yesterday by the club, which is listed on the New York Stock Exchange, showed little change off the field at the start of David Moyes' reign as manager after replacing Alex Ferguson. Although United are fifth in the Premier League, they beat Arsenal last weekend to close the gap on the leaders to five points and sit top of their Champions League group.
In the three months to September 30, United generated a record £98.5m (€117.5m) – up 29pc year-on-year – with sponsorship revenue soaring by 63pc, as 12 new deals kicked in during the first quarter.
The club said it remained on course to make between £420m and £430m in 2013-2014 if it finished at least third in the league and reached the quarter-finals of the Champions League and the domestic cups.