Man Utd announce 9.6 per cent rise in revenues

Manchester Uniteds revenues continue to soar, with the clubs return to Robin Roberts Jersey the Champions League helping to boost their broadcasting income by over 22 per cent over the first half of 2017-18.
The club released their second quarterly figures for the current season on Thursday, and the report shows an overall 26.8 million (9.6 per cent) rise in revenues compared to 2016-17.
That comes thanks in large part to United receiving 99.7m in broadcasting revenue over the first half of the campaign, whereas last term they had pocketed 18.1m le s from TV and radio rights over the same period.
Analysis showed that Hector Neris Jersey the return to the Champions League thanks to their succe sful Europa League campaign was the main driver behind the increased broadcasting revenue, while the fact two additional United games were shown live on TV over the period also had an effect.
Summing up the clubs financial results, executive vice-chair Ed Woodward said: Our solid busine s model Richie Ashburn Jersey has allowed us to invest in the future of the Club with the extension of Jose Mourinhos contract as manager and the acquisition of Alexis Sanchez. We look forward to the remainder of the season with confidence.
The results do not include the figures pertaining to Sanchezs contract, nor the Chileans swap-deal arrival which saw Henrikh Larry Andersen Jersey Mkhitaryan leave for Arsenal, as the cut-off for the period is December 31.
But while it is largely good news for United, accounts show a 21.1m lo s over the first six months due to US president Donald Trumps tax reform.
As a result of the change in US federal corporate income tax rates from 35 per centto 21 per cent, United had to allow for a non-cash tax accounting write-off of 48.8m. However, the clubs principal debt remains unchanged at 328.6m.
Woodward is due to addre s investors in a conference call at 13: Odubel Herrera Jersey 00GMT, during which he is expected to be grilled on the effect Sanchezs reported 350,000 a week salary may have on Uniteds financial figures going forward.
The latest report reveals that United spent 69.6m in the three months between Larry Bowa Jersey October and December on employee wages, an increase of 9.4 per centon the previous year thanks in part to Champions League bonuses written into players contracts.