Manchester United report 39% rise in quarterly revenues

Dmitry
Khlestkin

A return to the Champions League and a big Adidas contract helped the famous English club see quarterly profits in Q3 that went up 39.3 percent to £123.6 million, BBC reports.

The revenues were boosted by record-high sales of the new Adidas kits and return to the Champions League after skipping the previous season.

Manchester United expect the overall revenue for 2015 to be between £500 million and £510 million. If the сlub exceeds £500 million, it will surpass a record high.

After match day 12, the United are fourth in the table, two points behind its rival Manchester City. They are also heading the Champions League Group B after four fixtures.

In July 2014, Manchester United reached a record £750 million accord with Adidas. The contract with the kit manufacturer was signed for 10 seasons.

Among other noteworthy agreements in Quarter 3 are a licensing deal with South Korean footwear brand Sbenu and Russian bookmaker Marathon Bet. Overall, Manchester United have sealed four deals with sponsors this quarter.

Still have questions? Ask our experts!
Comments 0
Follow this expert
Follow this author

You've successfully followed this author. You'll get notifications of his new tips on your registered e-mail.

You've successfully followed this expert. You'll get notifications of his new tips on your registered e-mail.

Follow this author
Follow this expert

This means that you will no longer receive notifications about new posts by this author to your e-mail address.

You will no longer be notified of this expert's new tips.

Registration