Manchester United posts record third-quarter revenue

BENGALURU: English Premier League soccer club Manchester United on Friday reiterated its full-year financial targets as it reported a 30 per cent rise in third-quarter revenue despite inconsistent performances on the pitch.

United, English league champions a record 20 times and currently fifth in the Premier League before the final round of matches, said total revenue rose to £123.4 million (Dh651 million, $177.8 million) in the three months to March 31, from £95 million a year earlier.

The club’s adjusted core earnings jumped 76.8 per cent to £44.9 million.