United earn a record-breaking revenue of £581.2 million
22 September, 2017, 09:02 | Author: Nadine Todd
United, whose top players include Paul Pogba and summer signing Romelu Lukaku, are now joint top of the English Premier League.
Premier League clubs expect digital giants such as Amazon and Facebook to bid for streaming rights in next year's auction, Ed Woodward, the Manchester United executive vice-chairman, has revealed.
English soccer club Manchester Unitedsaid recent signings put it in a strong position on the pitch as it backed itself to match last year's record revenue off the field.
The Premier League's current TV deal sees Sky Sports and BT Sport each taking a portion of the broadcast rights, while the latter also show exclusive Champions League football in the United Kingdom alongside other traditional national outlets across Europe.
Manchester United saw record revenue in the financial year ended 30 June, according to latest quarterly results for the New York-listed football business. United shares traded 3.7 percent higher at $17.85 in NY at 1500 GMT, valuing the club at around $2.8 billion.
"We concluded a successful 2016/17 season with a total of three trophies and a return to Champions League football". However, they had to settle for fifth place in the 20-team Premier League.
United's healthy financials were primarily driven by a 38.2 per cent uplift in broadcasting revenue to £194.1m, with last season marking the first played under a Premier League TV deal worth around £8bn. That figure was likely to slip to between 175-185 million pounds in the current year as higher costs are felt.
The lower figure was partly blamed on the prospect of bonus payments to players because of Champions League qualification.
It will be interesting to see if Amazon and Facebook do challenge Sky for the United Kingdom and European rights to the EPL. The social media company made a $610 million bid earlier this month for the Indian Premier League. "I think it's going to be increasingly important to digitally engage with fans, and we think we can be complementary to partners like this coming in".
Shana Tovah U Metukah, (wish you and good and sweet year) is the traditional greeting exchanged amongst fellow Jews. Rosh Hashanah - which in Hebrew translates to "head of the year" - is a time of inner renewal and divine atonement.
For almost 30 years, attempts to engage with North Korea have failed miserably; talks are simply a delaying tactic for Pyongyang. South Korea's presidential office said the two leaders came to an agreement following a telephone call today.
I've obviously been doing this for a long time and it just has to make sense. "And I just never wanted to feel like that again". Unified light heavyweight world champion Andre Ward said via a statement on his website that he is "leaving" boxing .
Nebraska has fired athletic director Shawn Eichorst , citing his failure to improve "on-field performance" by the Cornhuskers. Chairman of the NU Board of Regents Bob Whitehouse said Chancellor Ronnie Green made a tough call and supports the decision.
Broadcasters are already able to save live videos to their phone after streaming after Instagram updated the feature last March. Going live on Instagram is a great way to update your friends and followers on what's happening - literally as you speak.
He thinks that two or three could reach the pilot stage with the possibility of one emerging sometime in 2019 or 2020 . He joins Brian Helgeland, Carly Wray, Jane Goldman and Max Borenstein for the top secret projects.
The shares have fallen in the wake of the new product announcements, in part over concern about the higher prices. For example, at the listed price of $1,249 for an iPhone 8 256GB, you'd pay just $999.20 for a brand new handset.
The SDF forces are meanwhile vying with Russia-backed government forces for capturing Deir al-Zour in eastern Syria. On Saturday, Russian forces hit the USA -backed Syrian Democratic Forces (SDF) while US special forces were nearby.
CVS to limit opioid prescriptions
CVS will also limit patients with chronic pain to a maximum daily dose of 90 morphine milligram equivalents. According to a release on the CVS Health website, opioid overdose deaths quadrupled from 1999 to 2015.
Ford uses Microsoft HoloLens to accelerate its vehicle design
Hololens can project virtual design elements onto a clay vehicle rendering or a fully-realized prototype via wireless headsets. Traditionally, large clay models have been used to help auto designers better visualize new vehicles as they're developed.