Q3 financial report: United size up shirt sales in Asia-Pacific

16 May 2019

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Photo: Getty Images Manchester United are hoping to ramp up global merchandising revenues of a new commemorative kit to help offset the massive drop in UEFA income for not participating in the 2019/20 Champions League

After “turbulent season”, club chiefs will seek to reduce wage bill and offload players.

New kit design released today pays homage to the United’s treble-winning season when in 1998/99.

With commercial revenues flat, it was perhaps no surprise that United rolled out its new adidas home kit for the 2019/20 season and talked up shifting some product in the Asia-Pacific region.

The club recorded a 3.4 percent increase in revenues to £152.1 million for the third quarter compared to the corresponding period last year.

Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for the period was £41.2 million, a decrease from £45.7 million a year earlier.

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