Manchester United posted a jump in first-quarter core earnings, boosted by increased revenue from sponsorship deals For the latest sports news, follow ReutersSports
FILE PHOTO: Soccer Football - Carabao Cup - Third Round - Manchester United v Rochdale - Old Trafford, Manchester, Britain - September 25, 2019 General view outside the stadium before the match Action Images via Reuters/Jason Cairnduff
The club had warned in September that annual revenue would fall for the first time in five years and profit would also drop, as they will not be able to capitalise on UEFA’s broadcasting revenue distribution system. United are competing in the less lucrative Europa League this season and have endured a stuttering campaign so far in the Premier League, occupying seventh in the standings after 12 matches.
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