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.
Today's five most popular stories
Part of complete coverage on
October 21, 2014 -- Updated 1348 GMT (2148 HKT)
From the ancient ruins of Rome, a new empire rises. But the eyes of the city's newest gladiator light up at thoughts of the Colosseum.
October 21, 2014 -- Updated 1622 GMT (0022 HKT)
Once part of Germany's largest Jewish sports club, now he's the first ISIS suspect to stand trial in a country left shocked by his alleged radicalization.
October 17, 2014 -- Updated 1411 GMT (2211 HKT)
One goal in eight matches for new club Liverpool, and dumped by the Italian national team -- Mario Balotelli has yet to shine on his English return.
October 18, 2014 -- Updated 1819 GMT (0219 HKT)
Should a convicted rapist, who has served their time in prison, be allowed to resume their old job? What if that job was as a high-profile football player?
October 16, 2014 -- Updated 1247 GMT (2047 HKT)
After 10 years of golden glory, it's easy to see how Lionel Messi has taken his place among the football gods.
October 16, 2014 -- Updated 1034 GMT (1834 HKT)
When will the tears stop? A leading Italian football club is pursuing a new direction -- under the guidance of its new Indonesian owner.
October 13, 2014 -- Updated 2241 GMT (0641 HKT)
Norwegian 15-year-old Martin Odegaard is the youngest player ever to feature in a European Championships qualifying match.
October 10, 2014 -- Updated 1310 GMT (2110 HKT)
After revolutionizing cricket with its glitzy Twenty20 league, India has now thrown large sums of money at a new football venture.
October 2, 2014 -- Updated 1453 GMT (2253 HKT)
Get ruthless. That is Rio Ferdinand's message to soccer's authorities in the fight to tackle the scourge of racism.
September 10, 2014 -- Updated 1328 GMT (2128 HKT)
He's just 15 and the world is seemingly already at his feet. Norway's Martin Odegaard is being sought by Europe's top clubs.