Manchester United Retail Sales Finish the Year Strong
ManU’s commercial revenue grew 6% to £71.2 million ($76.6 mm) in the final fiscal quarter ended June 30, as retail, merchandising, apparel & product licensing improved 8% to £29.4 million ($31.6 mm), driven by its contract extension with Adidas, which was partially offset by lower Megastore sales due to fewer matches played at Old Trafford. Matchday revenue for the year was £137.1 million, due to strong demand for hospitality offerings, but the men’s team playing eight fewer home games weighed down results. Sponsorship ... Log in to view full article.