English Premier League soccer club Manchester United posted higher second-quarter revenue helped by a 38 per cent surge in broadcasting income and stuck to its financial targets for the year.
The club also said it had paid 19.6 million pounds ($25.10 million) as compensation to former manager Jose Mourinho and some members of his coaching staff, after the Portuguese coach was sacked in December.
READ ALSO:$900m worth of Pangolin seizures made in Nigeria in 2018
Revenue for the three months ended Dec. 31 came in at 208.6 million pounds, compared with 177.4 million pounds a year earlier, the club said on Thursday.
The 20-time English champions said they continue to expect revenue of 615-630 million pounds and adjusted earnings before interest, tax, depreciation and a mortisation (EBITDA) of 175-190 million pounds for 2018-19. (NAN)
