Reigning Premier League champions Manchester United reported record revenues for the 12 months to June yesterday.
The Red Devils said revenues rose 13.4% to £363m in the last year, buoyed by a huge jump in commercial revenues which are up nearly a third. The club, controlled by the Glazer family, said the big rise in commercial revenues was driven by sponsorship deals, while improvements in merchandising and product licensing revenues also provided a boost. It made a net profit of £146m, while adjusted profit for the period was £17.2m. The figures are the first released by United since David Moyes took over as manager following the retirement of Sir Alex Ferguson last season. The club trans...
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