Manchester United’s revenues continue to soar, with the club’s return to the Champions League helping to boost their broadcasting income by over 22 per cent over the first half of 2017-18.
The club released their second quarterly figures for the current season on Thursday, and the report shows an overall £26.8 million (9.6 per cent) rise in revenues compared to 2016-17.
That comes thanks in large part to United receiving £99.7m in broadcasting revenue over the first half of the campaign, whereas last term they had pocketed £18.1m less from TV and radio rights over the same period.
Analysis showed that the return to the Champions League thanks to their successful Europa League campaign was the main driver behind the increased broadcasting revenue, while the fact two additional United games were shown live on TV over the period also had an effect.
Summing up the club’s financial results, executive vice-chair Ed Woodward said: “Our solid business model has allowed us to invest in the future of the Club with the extension of Jose Mourinho’s contract as manager and the acquisition of Alexis Sanchez. We look forward to
the remainder of the season with confidence.”