Manchester United revenues down due to Champions League absence

The Red Devils, however, are predicting they will become the first English club to break the half-a-billion-pounds mark in income this season.

The full cost of Manchester United’s absence from the Champions League has been revealed, with the club reporting revenues down last season by 8.8 per cent to £395.2million.

United’s income fell by £38million from £433.2million – the loss of around £50million in revenues from Europe being partially offset by an increase in commercial income.