Manchester United posted a record third-quarter turnover of £91.7million as executive vice-chairman Ed Woodward boasted the club did not need 'a major retooling' this summer because they already have enough depth to field two world-class teams.
United also outlined an increase of 52.2 per cent in sponsorship revenue and have adjusted expectations of overall annual income to £360million.
United’s powerful commercial arm made a massive contribution to the results. A rise of 31.9 per cent on the corresponding three months last year means overall commercial income has gone up by 27.9 per cent to £114.5million over the full nine-month period.
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