Manchester United has announced its financial results for the year to 30 June 2017, reporting record revenue of £581.2m.
The results, which were announced on 21 September, show that total revenue for the year had increased 12.8% from 515.3 in 2016.
Commercial revenue for the year was £275.5m, an increase of £7.2m, or 2.7%, over the prior year.
Broadcasting revenue was up 38.2%, primarily due to the new Premier League broadcasting rights agreement, as well as progression to, and success in winning, the UEFA Europa League final.
Matchday revenue for the year was £111.6m, up £5m, which represented a 4.7% increase on the year before. This was largely due to playing two more home games in the year.
Ed Woodward, executive vice chairman, said: “We concluded a successful 2016/17 season with a total of three trophies and a return to Champions League football. The year saw us set record revenues of over £581m and achieve a record EBITDA of £199.8m. We are pleased with the investment in our squad and look forward to an exciting season.”
The football club has enjoyed a successful year, as well as winning the UEFA Europa League and qualifying for 2017/18 UEFA Champions League it has also announced 12 Sponsorship deals, including 9 global sponsorship partnerships, 1 regional sponsorship partnership, and 2 financial services and MUTV partnerships.
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