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The Commercial segment consists of Sponsorship, Merchandising, and New Media. Overall the Commercial segment currently produces per annum (36% of total revenues). Sponsorship revenue was about half of this segment   last year (up from in 2010). nike shoes dallas cowboys  <H1><a href="http://www.abercrombieandfitchuk.co.uk/" title="abercrombie and fitch"><strong>abercrombie and fitch</strong></a></H1>  The Merchandising segment is currently managed by Nike (NYSE:NKE), and the company receives 50% of the profits from the sales of licensed apparel and other products. This was last year, up from in 2010. New Media (website, social media, mobile phone apps, etc) is the smallest but fastest growing of the segments   currently it produces pa up from in 2010. The Broadcasting segment is currently pa (33% of total). It consists of Manchester United's share of the television revenues of the soccer competitions they participate in. They also run their own premium channel (Manchester United TV) that is available in 54 countries.  nike shoes dubai  When Manchester United does well in the competitions they participate in, they receive more broadcasting revenue. However, one important thing to notice is that broadcasting revenue will rise dramatically next season thanks to the Premier League's new television rights deal; there is approximately 60% more money available for the league to share out (this money is just over 50% of Broadcasting revenue for the company). A crude estimate therefore suggests Manchester United will increase Broadcast revenues by at least 25% next year (so perhaps a 10% growth in gross revenue) even if they do not perform better in the Champion's League (as fans obviously hope they will). The Matchday segment is currently pa (31% of total). It consists of revenues from soccer matches and other events held at Old Trafford (their stadium). There is no room for much growth in this segment, as average attendance for Premier League matches (the main competition they participate in) was 99% of capacity since 1997 (even after completing a stadium expansion). d wade nike shoes Currently (FY 2012), the three segments are approximately equal in gross revenue. However, the trend is very clear   Commercial revenue has grown by 72% since 2009 while Matchday is down 14% (although some or all of this can be attributed to poor on field results in knockout competition during this time). Broadcasting is basically flat during the period, growing just 6%..  <H1><a href="http://www.abercrombiefitch-outlet.com/" title="abercrombie fitch"><strong>abercrombie fitch</strong></a></H1>  FinancialsManchester United achieved a 28.7% gross profit margin last year. This is lower than the previous three years (all just over 33%). This was because of reduced broadcasting and Matchday revenue (mostly due to poor on field performances in the knockout competitions).  custom nike shoes natsu d <H1><a href="http://www.abercrombiefitchparis.fr/" title="abercrombie fitch"><strong>abercrombie fitch</strong></a></H1>  Unfortunately, their net margin is only 7.2% because of interest payments. The club is in debt with "finance costs" of just over last year. The debt is 130% of annual revenue at the moment (although both are moving in the right direction). nike shoes ebay   <H1><a href="http://www.asics-running-shoes.co.uk/" title="asics running shoes"><strong>asics running shoes</strong></a></H1>  This debt was taken on as part of the Glazer family takeover of the club (and is one of the major reasons that the team's majority owners are rather unpopular with the fans). Here is a much better analysis of the debt situation than I could provide. The short version is that both Manchester United and the Glazer family are in quite a lot of debt.