Reuters – Football club Manchester United posted a 17% rise in first-quarter revenue, helped by strong growth in broadcasting income as the team returned to the UEFA Champions League this season after a one-year absence.
Broadcasting revenue for the quarter was £38.1m, a 31% increase from the previous year.
United, whose stars include Paul Pogba, Romelu Lukaku and Henrikh Mkhitaryan, are top of their group in the lucrative Champions League competition and second in the English Premier League, eight points behind cross-town rivals Manchester City.
Controlled by the American Glazer family, United have won the English league a record 20 times and are seeking to regain the title they last won in 2013.
United won England’s League Cup last season, as well as Europe’s second-tier Europa League competition, their first silverware under manager Jose Mourinho.