Premier League, Manchester United
[Saba Sports News] Recently, Manchester United released its financial results for the first quarter, confirming a total income of £143.1 million as of September 30, with a net profit of £1.3 million. Manchester United confirmed that their commercial revenue has decreased due to a smaller scale of the preseason tour. The club visited the United States for the second consecutive year but only played three friendly matches against Arsenal, Real Betis, and Liverpool, compared to eight matches before the 2023/24 season. As a result, their commercial revenue for the first quarter was £85.3 million, a decrease of 5.6% compared to the first quarter of 2023. The club also announced a loss in broadcasting revenue compared to the first quarter of last year, while the new UEFA Europa League format brought in £31.3 million in revenue for Manchester United in the first quarter. Of course, Manchester United participated in the Champions League last season, and competing in Europe’s top club competition offers greater financial returns. The broadcasting revenue for Manchester United in the first quarter of the previous season was £39.3 million, down 20.4% year-on-year. The matchday revenue for the first quarter was very similar to that of 12 months ago, with Manchester United earning £26.5 million, compared to £27.4 million last year, a decrease of only 3.3%. The total income for the first quarter was £141.3 million, while the total income for 2023 was £157.1 million.