Manchester United reports 17.3% rise in first-quarter revenue

Increase due to strong growth in boradcasting and commercial businesses

Manchester United posted a 17.3 per cent rise in first-quarter revenue helped by strong growth in both broadcasting and commercial businesses.

United, whose leading players include Paul Pogba and Henrikh Mkhitaryan, are currently top of their group in the lucrative Champions League competition and are second in the 20-team English Premier League.

The club’s adjusted earnings before interest, tax, depreciation and amortisation for the three months to September 30th rose to £36.6 million from 31.2 million pounds a year earlier, reflecting its participation in this season’s Champions League.

Revenue for the period came in at £141 million, compared with £120.2 million a year ago.


- Reuters