Man. United Revenues Boosted By TV And Sponsorship Deals

Rising income from commercial and broadcasting deals has boosted revenues at Manchester United.

The reigning Premier League champions said revenues rose 11.6% from a year earlier to £122.9m in the final three months of 2013.

Commercial sales were up by 18.8% on the same period in 2012, while broadcasting revenues grew by 18.7%.

Revenue from sponsorship deals jumped by nearly 40%, the club said, with six new deals being activated.

The increases came despite United enduring a tough season, their first under new manager David Moyes.

The team are currently seventh in the league and could miss out on a place in the UEFA Champions League for the first time since 1995.

United's executive vice-chairman Ed Woodward said: "We once again achieved a record revenue quarter with strong contributions from our commercial and broadcasting businesses despite the current league position, which everyone from the team manager down has acknowledged is disappointing."

Staff costs for the quarter were 16.7% higher from a year earlier at £51.6m, which the club said was due to new signings and renegotiated contracts.

On an adjusted basis, before interest and tax, earnings were up 1.6% at £51m.