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Manchester United announces record sponsor revenues

The Red Devils missed out on broadcast money and matchday income having failed to qualify for the Champions League, but could break records in 2016.

Manchester United has announced record income from sponsorship deals but a decrease in matchday and broadcast revenues for the 2015 fiscal year.

United was expected to reveal a sharp decrease in money earned from TV revenue as a result of missing out on Champions League football last season following David Moyes' disastrous spell in charge of the club.

However, while the club has confirmed a drop of more than 20 percent in broadcast money to 107.