Revenue fall for Manchester United

Today the club have revealed that we have had a 3.3% fall in revenues following last season’s exit from the Champions League in the group stages.

Overall revenues for this quarter were down by 3.3%  to a reported £320 million.

Leaving the Champions League in the group stage also caused a 11.3% drop in broadcast (Television Rights) income.

Manchester United net profits was though up 79.2% to £23.3m

Commercial earnings for the club hit a record breaking £117.6m which is a rise of 13.7%.

Manchester United’s executive vice chairman, Ed Woodward, said:

“Fiscal 2012 was the best year ever for Manchester United’s commercial business.”

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By RedManc

RedMancunian is the number one source for Manchester United news, insight and opinion on the most successful football club in the English top flight. RedMancunian was founded at the end of the 2011/2012 football season. We hope to provide insight on football matters related to Manchester United and provides a sense of what the club was and is all about. Follow RedMancunian on Twitter - @RedMancunian

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