Man United in­come drops after Euro exit

The Star Early Edition - - SPORT -

MANCH­ESTER United’s in­come has dropped by nearly 10 per­cent in the first quar­ter of the fi­nan­cial year fol­low­ing the English gi­ants’ fail­ure to qual­ify for this sea­son’s edi­tion of Europe’s elite Cham­pi­ons League. Ac­counts pub­lished by United yes­ter­day showed rev­enues for the three months end­ing Septem­ber 30 at £88.7 mil­lion , a de­crease of 9.9 per­cent. The fall in in­come could have been greater but the cost of miss­ing out on Euro­pean foot­ball has been partly off­set by an in­crease in spon­sor­ship money, with United re­main­ing one of the world game’s most popular clubs and strong­est brands, as well as a re­duced wage bill at Old Traf­ford.

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