On The Up! United Revenues Soar By 17.3%

English Premier League (EPL) giants Manchester United have had their revenues for the three months to October increase by 17.3% to a whooping £141m.

This was made known as part of the financial results released earlier on Thursday.

Commercial and sponsor income soared in addition to broadcasting and match-day revenues that increased by more than 30%.

Operating profits also made giant strides from £6.2m last year to £15.2m now.

It was however not plain sailing for the club’s financial revenues as income from retail, merchandising, sportswear and product licensing nosedived by 0.4% from the previous year.

On the new financial results, the club’s chief executive Ed Woodward assured fans to expect exciting times this season. He said: “We are just over a quarter of the way through what promises to be another exciting season.”

“In the Champions League, we have won all four games played to-date; we are through to the quarter-final of the Carabao Cup and are looking forward to the next few months as the number of matches ramps up.” he added.

Manchester United are second in the league and eight points behind city rivals Manchester City. They are already through to the quarter-final of the Carabao Cup in addition to the fact that they are on the brink of qualifying for the UEFA Champions League (UCL) Round of 16 after winning four out of four games.