Manchester United set for record revenues

Football giants Manchester United are set to announce record revenues of about $676 million for last season when they publish their annual results on Wednesday. Forecasts for the headline figures were published in a prospectus last month for a new release of shares on the New York Stock Exchange. The prospectus states that total revenue is expected to be between $691 million and $699 million, an increase of 18 to 19 per cent. Figures are also expected to include $40 million in profit. The results should also include details of the pay-off to former manager David Moyes, who was sacked less than one season after succeeding legendary boss Alex Ferguson at Old Trafford.

The result is a robust wholesale apparel business that sold approximately five million items of Manchester United branded licensed products, including approximately two million replica jerseys, around the world in the last year.

Manchester United prospectus