Manchester United revenue likely to repeat

Manchester United's Juan Mata. Photo: Reuters / Andrew

Manchester United's Juan Mata. Photo: Reuters / Andrew

Published Sep 22, 2017

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INTERNATIONAL - English soccer club Manchester United said it was likely to maintain revenue around last year’s record level in 2017-18 as it returns to the lucrative European Champions League.

United, whose top players include Paul Pogba and Romelu Lukaku, are currently joint top of the English Premier League and have qualified for the Champions League after winning the second-tier Europa League last season. 

Controlled by the American Glazer family, United forecast revenue of between £575million (R10.33billion) and £585m in 2017-18. 

That would be broadly in line with record revenue of £581m in the year to June 30. United reported core profit of £199.8m in the year. That figure was likely to slip to between £175 to £185m pounds in the current year. 

- REUTERS 

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