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United’s financial results for 3 months to 31st December 2017 and phone call with United Execs.
RedNews251 out for Chelsea, Liverpool and Seville at home. Subscribe at http://www.rednews.co.uk/subscription.php
Now out. '1958, A personal account of that fateful year for Manchester United.' by Roy Cavanagh MBE. The print edition via http://rednews.bigcartel.com/product...chester-united Kindle via https://www.amazon.co.uk/personal-ac...SIN=B079CLFB66
- Revenue up 3.8% to £163m mainly caused by higher broadcasting income due to Champions League (up 17%)
- what’s interesting is that commercial revenue was down 2.1% to £65.4m due to lower sponsorship revenues. Is this a trend? Next quarter will be interesting...
- Match day revenue down 4.4% due to playing 2 fewer domestic cup games
- Operating profit down 23% to £28.7m mainly due to higher operating expenses of 12% (e.g. higher player salaries of 9.4% due to playing Champions League)
- Gross debt £483m (slightly lower due to exchange rate on US$ debt)
- Lots of commentary on United’s social media e,.g 25.5m engagements on twitter which is higher than next 2 clubs combined
- 210,000 official members which is a club record
- MUTV direct subscribers - 40% based in US;
- http://ManUtd.com most visited sports club web site
- 40m impressions of Lingard’s “day-in-life” of Instagram posts!
- bids coming in now for next domestic broadcasting rights
RedNews251 out for Chelsea, Liverpool and Seville at home. Subscribe at http://www.rednews.co.uk/subscription.php
Now out. '1958, A personal account of that fateful year for Manchester United.' by Roy Cavanagh MBE. The print edition via http://rednews.bigcartel.com/product...chester-united Kindle via https://www.amazon.co.uk/personal-ac...SIN=B079CLFB66
- Revenue up 3.8% to £163m mainly caused by higher broadcasting income due to Champions League (up 17%)
- what’s interesting is that commercial revenue was down 2.1% to £65.4m due to lower sponsorship revenues. Is this a trend? Next quarter will be interesting...
- Match day revenue down 4.4% due to playing 2 fewer domestic cup games
- Operating profit down 23% to £28.7m mainly due to higher operating expenses of 12% (e.g. higher player salaries of 9.4% due to playing Champions League)
- Gross debt £483m (slightly lower due to exchange rate on US$ debt)
- Lots of commentary on United’s social media e,.g 25.5m engagements on twitter which is higher than next 2 clubs combined
- 210,000 official members which is a club record
- MUTV direct subscribers - 40% based in US;
- http://ManUtd.com most visited sports club web site
- 40m impressions of Lingard’s “day-in-life” of Instagram posts!
- bids coming in now for next domestic broadcasting rights