Thursday, 11 February 2016

Man United announce 26.6% revenue rise

Premier League side Manchester United have announced a 26.6 per cent rise in second quarter revenue.
The increase was aided by commercial revenues of £66.1 million up 42.5% for the quarter.Executive vice-chairman Ed Woodward was pleased with the results, but claimed success on the pitch was the ultimate goal.

Ed Woodward is happy.
Ed Woodward is happy. Credit: PA

United announced in their second-quarterly financial results on Thursday that they expect 
revenue for the year to hit £500-510million. No British club in history has recorded such a 
figure.

Our strong commitment to investing in our squad, youth academy and the broader club are ultimately underpinned by our financial strength and the hard work and dedication of everyone at the club," Woodward said.

"Our solid results off the pitch help contribute to what remains our number one priority - success on the pitch.”

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