Manchester United revenues fall 8.8pc

LONDON. — Manchester United’s revenues fell by 8.8 percent last season, but the club yesterday predicted record revenues of £500 million to £510 million for 2015-16. United’s failure to qualify for the lucrative Champions League saw revenues for the period 2014-15 fall by £38 million to £395.2 million, as revealed in their annual report, largely due to losses in gate receipts and broadcasting income.

But with a new £750 million kit deal with Adidas having recently taken effect, United expect to become the first English club to break through the £500 million barrier over the current campaign. — AFP.

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