Manchester - Manchester United are expected to become the first football club that is able to reach £ 100 million ($ 152.24 million) from revenues from the sponsor for a year.
Until April, the MU has scored three-quarters of its revenues aka £ 75.3 million ($ 114.64 million). This number increased 33 percent over the same period last year.
According to the World Games, this increase is to redeem loss £ 5 million ($ 7.6 million) due to the declining number of home games as well as failure to go further in the FA Cup. Manchester United also won additional income £ 5.5 million ($ 8.37 million) from sales of shares of a total of £ 29.5 million ($ 44.92 million).
MU Total turnover reached £ 231.7 million ($ 352.8 million), up from £ 219.3 million ($ 333.92 million) until March 31, 2011. Meanwhile, MU's debt fell to £ 477.7 million ($ 727.29 million), although this was allegedly due to the declining value of U.S. dollar than sterling.
MU still has cash reserves of £ 113 million ($ 172.04 million). This fund can still be increased from the inclusion cs Wayne Rooney won the English League's 19th, this week, and the Champions League against Barcelona, 28 May 2011. Even so, it seems that this additional revenue will be used only Sir Alex Ferguson to buy players to strengthen his team.
Source : VIVAnews
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