Manchester United Predicts Record Revenue Of Up To £570m Despite Not Participating In The Uefa Champions League
Manchester United are predicting record revenues of up to £570m this year, despite the £93.25m world record arrival of Paul Pogba and having spent the season outside of the Champions League.
Jose Mourinho’s men sit sixth in the Premier League and have the Europa League final against Ajax to look forward to next week, but despite being without Champions League football, United have raised guidance on revenue and profit for the year ending June 30, 2017.
Should United miss out on the Champions League, they will suffer a £21m reduction from their sponsorship deal with Adidas, with an initial hit of £4.1m followed by seven hits of £2.1m.
The club achieved a record profit of £191.9m last year and, despite big-name acquisitions and the lack of Champions League football, are on course for earnings before interest, tax, depreciation and amortisation of between £185m to £195m.
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