is reporting from
Man Utd to unveil record gross turnover: report
uusjio | January 6, 2008 at 08:51 pmby
241 views | 0 Recommendations | 0 comments
Manchester United is to unveil a record gross turnover of 245 million pounds (328 million euros, 483 million dollars), a report said Monday, establishing it as one of the world's richest football clubs.
The English Premier League champions will on Friday show a 21 percent rise in gross turnover in its financial results to June 30, 2007, up from 202 million pounds in the previous 12 months, The Financial Times was quoted by AFP as saying.
Revenues from its deal with US sportswear firm Nike and income from its broadcasting arm MUTV are included in the figure, but not from merchandising, which is recorded under a wholly-owned subsidiary, it added.
In addition, the Old Trafford club will claim to be supported by a third of a billion people around the world, based on a study of 1,000 people in 21 countries it commissioned from market research firm TNS Sport.