Manchester United sponsorship deals boost profits


Manchester United's Champions League run and new sponsorship deals have put the club, owned by Malcom Glazer and his family, on course for a bumper financial season.

The club announced significant rises in income and profits for the three-month period ending December 2012. Six new sponsorship deals have seen commercial revenues rise 29 per cent. United are forecasting revenue to be £350m to £360m for the 2012-13 season.

Ed Woodward, United's executive vice-chairman said: "Manchester United achieved record revenue... driven by our commercial operation."