Manchester United posts rise in profits and revenue

Louis van Gaal Louis van Gaal is expected to take over as manager of Manchester United

Manchester United has reported a sharp rise in profits and revenue despite a disappointing season on the pitch.

For the three months to the end of March, profits were £11m, up from £3.6m a year ago. The club also posted record revenues of £115.5m for the period.

Commercial, broadcasting and match day revenues were all up on last year.

The club is expected to appoint Holland manager Louis van Gaal to replace David Moyes, who was sacked last month, as manager for next season.

Reports suggest an announcement on the manager will be made next week.

The club finished the Premier League season in seventh place, and have not qualified for European football as a result.

More sponsors

Club executive vice chairman Ed Woodward said: "We once again generated record revenues as all of our businesses delivered impressive year-over-year growth.

"This puts us in a healthy position to continue to invest in the squad. Everyone at the club is working hard to ensure the team is back challenging for the title and trophies next season".

Commercial revenue rose almost 20% to £42.8m, largely due to an increase in sponsorship - the club signed deals with drinks company Aperol and with Eurofood in Southeast Asia.

Broadcasting revenue was up 64% at £35.6m, while match day revenue was up slightly at £37.1m.

Overall debt fell by £16m to £351.7m.

According to the most recent Deloitte Football Money League, Manchester United is the fourth highest-earning club in world football. Shares in the club were floated on the New York Stock Exchange in 2012.

More on This Story

Related Stories

The BBC is not responsible for the content of external Internet sites

More Business stories



  • Mukesh SinghNo remorse

    Delhi bus rapist says victim shouldn't have fought back

  • Aimen DeanI spied

    The founder member of al-Qaeda who worked for MI6

  • Before and after shotsPerfect body

    Just how reliable are 'before and after' photos?

  • Woman with closed eyeStrange light show

    What do you see when you close your eyes?

Try our new site and tell us what you think. Learn more
Take me there

Copyright © 2015 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.