Manchester United's income dips after failing to qualify for Champions League

Manchester United’s income has dropped by nearly 10 per cent in the first quarter of the financial year following their failure to qualify for this season’s edition of Champions League.

Accounts published by United on Tuesday (Nov 18) showed revenues for the three months ending Sept 30 was £88.7 million (S$180million), a decrease of 9.9 per cent.

The fall in income could have been greater but has been partly offset by an increase in sponsorship money, with United remaining one of the world's most popular clubs and strongest brands, as well as a reduced wage bill at Old Trafford.

Source: AFP

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