Portsmouth Now Debt-Free After Takeover Plenty Of Tickets Available For Rugby WC West Brom Partners With Freebets.com Lim's Salford Investment 'Philanthropic' BT Sport's Petter Says Viewership Up Villa Owner Now Willing To Sell For $162M Daily Mirror Settles Phone Hacking Claims Fans Urge Rangers To Come Clean Birmingham Club To Receive Celebrity Cash Nike Q1 Revenue Up 15% From 2013
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).