Manchester United take more than £500m in a year

Manchester United (NYSE: MANU - news) have become the first British football club to take more than half a billion pounds in a year.

The Premier League club reported a 30% surge in revenue to £515m in the 12 months to the end of June and also declared a record operating profit of £68.9m.

In a year where the Old Trafford side won the FA Cup, and appointed a new manager, the club also signed 14 sponsorship deals and saw revenue boosted by new television deals.

The club's revenue for the fourth quarter rose to £134.5m pounds from £105.8m a year earlier. Adjusted core earnings jumped 53% to £49.3m pounds.

Executive vice chairman Ed Woodward said the club was on target for "record revenues" in 2017.

He said: "This strong financial performance has enabled us to invest in our squad, team management and facilities to position us to challenge for, and win, trophies in the coming years."

United is expecting revenues for 2017 to increase to £540m as a result of new television deals, even though the club failed to qualify for the Champions League this season.

Under new boss Jose Mourinho, the Old Trafford side is currently in third position in the Premier League.

During the recent transfer window, Mourinho spent a record sum of £89m on signing midfielder Paul Pogba, from Italian side Juventus (Milan: JUVE.MI - news) .