Manchester United earnings bouyed by sponsorship deals
May 2, 2013 -- Updated 1510 GMT (2310 HKT)
Manchester United striker Robin van Persie celebrates after scoring the opening goal the 3-0 win over Aston Villa as the Red Devils secured the English Premier League title.
City reign over
- United, who have just claimed their 20th Premier League title, reported a 52.2% increase in sponsorship revenue
- Last month, the club signed an eight year deal with U.S. insurance giant, Aon, worth £120 million
- Manchester United is owned by the American Glazer family and listed on the New York Stock Exchange
(CNN) -- English Premier League champions Manchester United posted record third-quarter revenue of £91.7 million [$142 million] on the back of new sponsorship deals in Asia and Europe.
The club, who have just claimed their 20th Premier League title, reported a 52.2% increase in sponsorship revenue having announced new deals with two financial services providers in Denmark and Vietnam as well as an agreement with a Japanese social gaming company.
As one of the world's most popular and successful sport teams, United has a total of 36 corporate sponsors despite gross debt standing at £367.6 million.
Financial football expert Andy Green tweeted: "In next few years #MUFC will generate over £200m in surplus cash. What will it be used for?"
Last month, the club signed an eight year deal with U.S. insurance giant Aon, to brand the club's training kit and attach its name to the Carrington training ground.
Read more: Manchester United pen new multi-million dollar Aon deal
Aston Villa or Sharon Stone?
Friedel: 'Bale can be world's best'
Gullit: Mourinho will return to Chelsea
Marcel Desailly's Ghana regret
It is the first time the English Premier League giants have sold the branding rights to their coveted training ground on the outskirts of Manchester and represents another step in the club's strategy to increase revenues.
The drive for sponsorship revenue comes at a time when United is seeking to bring in new players for the 2013/14 season in September, as the team prepares to defend its domestic title and attempt to win the European Cup for fourth time.
Earlier this week, manager Alex Ferguson promised the club would be "competitive" in the summer transfer market as they hope to rival other title contenders such as Manchester City and Chelsea.
Speaking to Inside United, the club's official magazine, Ferguson said: "Hopefully the players we bring into the club in the next year or so will be of the quality we need."
United have reportedly been linked with moves for Borussia Dortmund's Polish striker Robert Lewandowski and Atletico Madrid's prolific forward Radamel Falcao.
Although United coasted to the Premier League title, Ferguson's side was knocked out of the Champions League by Real Madrid in the quarterfinals.
The Old Trafford club is owned by the American Glazer family, who oversaw the club's listing on the New York Stock Exchange last August.
For the 2011/2012 season, United increased revenues by £14.2 million to £117.6 million, the highest of any club in the Premier League.
Part of complete coverage on
Be part of CNN's coverage of European Champions League matches and join the social debate.
December 6, 2013 -- Updated 1134 GMT (1934 HKT)
The dreams of 32 footballing nations can begin at Friday's 2014 World Cup draw. It will be more complicated than most -- so click here for the lowdown.
CNN's Alex Thomas takes a brave punt on the 2014 champion ahead of Friday's World Cup draw.
December 5, 2013 -- Updated 1835 GMT (0235 HKT)
Pele has backed Brazil to deliver a "fantastic" World Cup amid growing fears the country will not be ready in time to host football's showpiece event.
December 4, 2013 -- Updated 1500 GMT (2300 HKT)
Adidas unveils official match ball, the Brazuca, and CEO Herbert Hainer discusses the tech behind it.
November 29, 2013 -- Updated 2209 GMT (0609 HKT)
Zahir Belounis contemplated suicide as he was stuck in Qatar for two years. But the footballer says it still deserves to host the 2022 World Cup.
November 29, 2013 -- Updated 1708 GMT (0108 HKT)
As he celebrates his 40th birthday, just what is the secret to Ryan Giggs' longevity?
Two Belgian "brain coaches" are helping transform AC Milan from big-spender to developer of young talent, says CNN's John Sinnott.
October 22, 2013 -- Updated 1457 GMT (2257 HKT)
Shootings, attempted assassinations and intimidation - welcome to Libyan football in 2013.
October 18, 2013 -- Updated 1129 GMT (1929 HKT)
Zahir Belounis' limbo existence is almost at an end. After a two-year nightmare, he has been told he will finally receive his Qatari exit visa.
October 10, 2013 -- Updated 1101 GMT (1901 HKT)
France's multicultural stars shone brightest at the World Cup 15 years ago -- now could it be Belgium's turn to do the same in Brazil next year?
Adnan Januzaj and Diego Costa have highlighted a major dilemma for international football, says CNN's John Sinnott.
CNN's Alex Thomas reports from FIFA HQ after the ruling body delayed its decision on the Qatar 2022 World Cup.
FIFA's credibility rides on finding a solution to the Qatar World Cup controversy, says CNN's Ben Wyatt.
October 2, 2013 -- Updated 1534 GMT (2334 HKT)
Zlatan Ibrahimovic may have cost Paris Saint-Germain $30 million, but you can get your own chunk of the Swedish striker for just $41.
Today's five most popular stories