Manchester United’s commercial revenues tumbled 26% to £59.7 million ($77.1 mm) in its fiscal Q1 ended Sep. 30 from £80.4 million last year, including a 32% drop in sponsorship revenue to £36.5 million and a 13% decline in retail, merchandising, apparel & product licensing revenue to £23.2 million. The falloff in sponsorship revenue was due to cancellation of the usual pre-season tour as ... Log in to view full article.