Red Devils Post Turnover Rise

Manchester United have posted an increase in turnover for the first quarter of the financial year.

Turnover has risen by £10.5m to £73.8m, an increase of 16.5%, in the three-month period that ended 30th September.

Their commercial turnover has increased by 22.3% to £29.6m, largely due to a £40m training kit sponsorship with DHL in what the club described as a 'ground-breaking deal'.

Match-day income totalled £21.6m, an increase of 9.6%, while media revenues amounted to £22.6m.

The turnover leaves the club with a gross debt of £433.2m, down by £83.5m.

Speaking last month, United's commercial director Richard Arnold said: "A lot of hard work has gone into getting to the position we are in now and we are already looking to the future."