Manchester United Accounts Show Rise In Revenues

Manchester United have reported yearly revenues of over £250m in the annual accounts recently published by Companies House.

The documents for Manchester United Limited show the club had revenues of £253.9m, through to the end of June 2016.

A new kit sponsorship deal with German company Adidas provided £72.7m and shirt sponsor Chevrolet, part of General Motors, accounted for another £52.2m.

The accounts for Red Football Limited, the parent of Manchester United Limited, have also been filed with Companies House and report yearly revenues of £515.3m, which was an increase of £120.1m

In the strategic report a number of off-field targets, regarding revenue, were met but on the pitch the team failed to deliver.

They missed out on a top-three Premier League finish and failed to reach the last 16 of the Champions League. However, Louis van Gaal's side did win the FA Cup in May.

Credit: Skysports.com