Reds to reveal record turnover

MANCHESTER UNITED is to unveil a record gross turnover of €328m, establishing it as one of the world’s richest football clubs.

The Financial Times said United will announce on Friday a 21% rise in gross turnover in its financial results to June 30, 2007, up from €268m in the previous 12 months.

Revenues from its deal with US sportswear firm Nike and income from its broadcasting facility MUTV are included in the figure, but not from merchandising, which is recorded under a wholly-owned subsidiary, it added.