Leaders
Dallmeier

Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Man Utd show strong revenue growth

Fri 13th May 2011 | Money & Finance

Manchester United’s latest financial figures released today show a strong increase in commercial revenues.

Posting their third quarter figures this morning, United’s commercial revenue has risen to £75.3million, up 33% compared to 12 months ago.

The rise puts the club on track to become the first football club to break the £100m barrier for commercial revenue.

However, matchday and media income fell £5m, which the club blamed on fewer home games in the period and pegged entry prices for the Crawley Town FA Cup tie.

They also said they had bought back £5.5m in bonds, taking the overall amount purchased to £29.5m.

Turnover in the quarter was up slightly to £75.2m from £74.6m a year earlier, while turnover in the nine months to March was £231.7m, up from £219.3m.

The club said its balance sheet was strong, with £113m in cash and £765.1m of other assets.

Financial figures released this spring showed Manchester United's parent company made a loss of £108.9m in 2009-10.

---------------------------------------------------------------------------------------------------

RETURN TO LATEST NEWS SECTION

SUBSCRIBE TO THE F.C. BUSINESS RSS FEED

 

If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk or ryan@fcbusiness.co.uk

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

How Football Clubs Source Their Revenue

Thu 22nd Jun 2017 | Money & Finance

It will come as a surprise to no one that football is big business these days. Although players’ wages – especially at the top teams – have increased remarkably, the clubs can pay...

“Why Does Your Club Offer Discounts?” 5 Responses

Tue 6th Jun 2017 | Money & Finance

Following my article last week on the 3 observations about discounts offered on football clubs’ merchandise stores ; I wanted to share some more insight in to the merchandise space. I’ve...

West Ham United announce record season ticket renewals

Thu 1st Jun 2017 | Money & Finance

West Ham United have announced a club record number of season ticket renewals for the 2017/18 Premier League campaign. At Wednesday's 5pm deadline, over 90% of the 52,000 season ticket holders at...

Footballers, their cars, and how many minutes of play it takes to pay for them

Thu 1st Jun 2017 | Money & Finance

Online used car dealership Carspring have researched the vehicles driven by more than 250 of the world’s leading football players. With this information, along with the estimated salaries of...