IPL Is Sponsors' Best Path Dortmund Using Unusual Insurance Policy Free Admission To The British Masters Oracle's $13M Grant Claim Debunked Tottenham In Talks Over Hosting NFL Team Woodward: Scrap Overseas Rule John Brown Urges SFA To Pass Dave King BT Sport To Broadcast Baku 2015 Cruzeiro R$40M In The Red For '14 Damage Worsening At Windsor Park
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
Upcoming Conferences and Events
SBD Global/November 15, 2013/Finance
ManU Attributes Record-High Quarterly Revenue To Soaring Value Of TV Rights
Published November 15, 2013
A DOZEN SPONSORSHIPS ACTIVATED: The BBC reported ManU said 12 new "sponsorship deals were activated in the quarter with a range of companies, including Russian airline Aeroflot" and PepsiCo. Licensing of "clothing and other products" brought in £10.7M ($17.2M), a rise of 13.8% on last year. Hargreaves Lansdown Stockbrokers Head of Equities Richard Hunter said, "Manchester United's stuttering start to the domestic season is in stark contrast to its performance off the field. There are some causes for concern, such as the steep percentage rises in operating expenses generally, and staff costs in particular." Hunter added that while the "share price would inevitably be affected by the on-field performance," there is no sign of the ManU "marketing machine beating a retreat" (BBC, 11/14).