The reigning Premier League champions Manchester United have revealed revenues rose 11.6% from a year earlier to £122.9m in the final three months of 2013. Commercial sales were up by 18.8% on the same period in 2012, while broadcasting revenues grew by 18.7%.
Revenue from sponsorship deals jumped by nearly 40%, the club said, with six new deals being activated.
United's executive vice-chairman Ed Woodward said: "We once again achieved a record revenue quarter with strong contributions from our commercial and broadcasting businesses despite the current league position, which everyone from the team manager down has acknowledged is disappointing."
Staff costs for the quarter were 16.7% higher from a year earlier at £51.6m, which the club said was due to new signings and renegotiated contracts.
On an adjusted basis, before interest and tax, earnings were up 1.6% at £51m.
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