Belfast Telegraph

World Cup 2018

Fixtures & Results

Sweden SWE 1

South Korea KOR 0

REPORT

Belgium BEL 3

Panama PAN 0

REPORT

Tunisia TUN 1

England ENG 2

REPORT

Colombia COL 1

Japan JPN 2

REPORT

Poland POL 1

Senegal SEN 2

REPORT

Russia RUS 3

Egypt EGY 1

REPORT

Portugal POR 1

Morocco MAR 0

REPORT

Uruguay URY 1

Saudi Arabia SAU 0

REPORT

Iran IRN 0

Spain ESP 1

REPORT

Denmark DNK

Australia AUS

France FRA

Peru PER

Argentina ARG

Croatia CRO

Brazil BRA

Costa Rica CRI

Nigeria NGA

Iceland ISL

Serbia SRB

Switzerland SUI

Belgium BEL

Tunisia TUN

South Korea KOR

Mexico MEX

Germany GER

Sweden SWE

England ENG

Panama PAN

Japan JPN

Senegal SEN

Poland POL

Colombia COL

Saudi Arabia SAU

Egypt EGY

Uruguay URY

Russia RUS

Spain ESP

Morocco MAR

Iran IRN

Portugal POR

Denmark DNK

France FRA

Australia AUS

Peru PER

Iceland ISL

Croatia CRO

Nigeria NGA

Argentina ARG

Mexico MEX

Sweden SWE

South Korea KOR

Germany GER

Switzerland SUI

Costa Rica CRI

Serbia SRB

Brazil BRA

Senegal SEN

Colombia COL

Japan JPN

Poland POL

Panama PAN

Tunisia TUN

England ENG

Belgium BEL

Manchester United post record first-quarter revenue

Manchester United announced record first-quarter revenue of £141million on Thursday, but player wages have risen as a result of their Champions League return.

In January, United moved back to the top of the Deloitte Football Money League for the first time since 2005.

The Red Devils became the first British club to break the half-a-billion pound revenue mark in 2016, a position which was improved on with overall revenue rising from £515.3m to £581.2m for the year ending June 30, 2017.

The latest set of accounts published on Thursday, which cover the first quarter of 2018 ending September 30, 2017, show a 17 per cent increase in total revenue from £120.2m over the same period last year.

Commercial revenue for the quarter was £80.5m, an increase of £6.2m, which was boosted by five tour matches across the United States, including fixtures against the Los Angeles Galaxy, Real Salt Lake, Real Madrid and Barcelona as well as domestic rivals Manchester City.

United also spent around £145m ahead of the new campaign, bringing in the likes of striker Romelu Lukaku from Everton, midfielder Nemanja Matic from Chelsea and defender Victor Lindelof from Benfica.

There was also a 30 per cent increase in b roadcasting revenue compared to the same quarter last year, helped by a return to the Champions League for Jose Mourinho's side following their Europa League triumph last season.

However, t otal operating expenses for the quarter were reported at £143.1m, which is up from £20.9m over the same period in 2017.

These figures include an increase of £7.6m, some 12.2 per cent, in "e mployee benefit expenses", which the club said is " primarily due to player salary uplifts due to participation in the UEFA Champions League".

Net income for the period was listed at £7.9m.

Net debt was listed as £268.1m at September 30, 2017, a decrease of £69.6m over the year, while United's parent holding company also reported fiscal revenue for 2018 was expected to be £575m to £585m.

United executive vice-chairman Ed Woodward said: "We are just over a quarter of the way through what promises to be another exciting season.

"In the Champions League we have won all four games played to-date; we are through to the quarter-final of the Carabao Cup; and are looking forward to the next few months as the number of matches ramps up."

Daily News Headlines Newsletter

Today's news headlines, directly to your inbox.

Popular

From Belfast Telegraph