Manchester United profits soaring again

 
14 February 2013

Manchester United’s Champions League run and new sponsorship deals have put the club on course for a bumper financial season.

Six new sponsorship deals have seen revenues rise 47.9 per cent to £28.4million for the three months ending December 2012 compared to the same period in 2011.

They are on course to put last year’s overall revenue fall — caused by early exits in the Champions League and FA Cup — behind them.

United forecast revenue for the 2012-13 financial year to be “£350m-£360m” compared to £320m last year. Their gross debt has decreased by 16.1 per cent since June 30 2012 to £436.9m.

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