Manchester United have found a new sponsor for their training kit.

The Daily Mail says United revealed a new bumper sponsorship deal on the day it announced a huge rise in income and profits.

The Red Devils have signed a lucrative eight-year deal with an unnamed company to sponsor their training kit.

The club called an early halt to its existing £10m-a-year agreement with training kit partner DHL after July's record £25m-a-year deal to have the Chevrolet brand on its playing shirts for seven years showed the club it could aim higher.

Chevrolet's sponsorship begins in 2014. Until then, United will receive about £20 million a year to carry the name of US insurer Aon on the team's playing shirts.

The training kit deal will run for eight years from next season but the club was surprisingly coy about identifying the new backer at this stage.

"At the request of our new training kit partner, we have agreed to withhold further details pending a formal announcement," vice chairman Ed Woodward told financial analysts on a conference call.