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Man Utd: Premier League club on track to earn £500m

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Manchester United are on track to become the first British club to earn more than £500m in one year despite their lack of success on the pitch.

Second-quarter revenues rose by 26.6% to a record £133.8m, with commercial revenues up 42.5% to £66.1m.

Broadcast revenue rose 31.3% to £37.3m and sponsorship revenue rose by £1.6m, but matchday income was down 1.6%.

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The Red Devils currently lie fifth in the Premier League table and have been knocked out of the Champions League.

“Our solid results off the pitch help contribute to what remains our number one priority – success on the pitch,” said executive vice-chairman Ed Woodward.

United’s chances of qualification for next season’s Champions League hang in the balance after an inconsistent season under Louis van Gaal.

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Majority owned by the American Glazer family, they are six points adrift of fourth-placed Manchester City.

The BBC understands Van Gaal’s position is precarious after learning that Jose Mourinho has held talks with the club about taking over in the summer.

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