Manchester United record revenues for first quarter

Manchester United has reported record revenue of 98.5 million euros for the first three months of its financial year. Manchester United Football club is an English professional football club that plays in the Premier league. The club founded in 1878 and it’s one of the biggest football clubs in the world. For a big football club to reach record for revenue in its financial year it’s outstanding. Football is that one sports that everyone knows and plays, the competition between the football clubs are striving. Since I was young Manchester had always been my favorite team, the team is all about tradition playing in Old Trafford since 1910 and manager Alex Ferguson since 1986 till now. For many other clubs they changed their manager average around every 2 years. The way that they advertise their club was very successful. There were 12 new sponsorship deals signed, including one with Russian airline Aeroflot. Licensing of clothing and other products brought in £10.7m, a rise of 13.8% on last year, and broadcasting revenue rose 41% to £19.3m. The club predicts revenues for the whole year of £420-430m, bringing it closer to Europe’s wealthiest clubs, Real Madrid and Barcelona.

Robin van Perse

http://www.bbc.co.uk/news/business-24943476

 

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