Manchester United Retail Sales Dip in Final Quarter
Retail, merchandising, apparel & product licensing revenue slipped 5% to £24.6 million ($18.1 mm) in the final fiscal quarter ended June 30 and was down 1% to £102.9 million ($75.6 mm) for the full year. ManU’s sponsorship revenue dropped 8% to £38.9 million in Q4 and declined 1% to £173.2 million for the year. The team inked seven new sponsorship deals during the year including its first shirt sleeve partnership. ManU made gains on the pitch as well, finishing as runners up in the Premier League to arch-rival Manchester City, improving from its sixth place finish last ... Log in to view full article.