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Article Date: September 2017
Word Count: 173

ManU’s Huge Final Quarter Drives FY Growth


Net income was £24,252,000 ($31.0 million) against a loss of £957,000 in its fiscal Q4 ended Jun. 30 as sales surged 31% to £175,936,000 ($225.0 million) from £134,575,000 last year. Manchester United had a solid result on the field as well, winning the UEFA Europa League and qualifying for the 2017-18 UEFA Champions League. Commercial revenue was up 4% to £67.9 million, including a 4% gain in retail, merchandising, apparel & product licensing revenue to £25.8 million, while sponsorship revenue increased 5% to £39.6 million. ManU signed ... Log in to view full article.

 


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