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Forenübersicht » -=]Spira-Liga[=-Public » Off-Topic » ping to expand and renovate BMO Field to increase cap

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ping to expand and renovate BMO Field to increase cap
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LONDON -- Manchester United is projecting it will generate more than $660 million this season after breaking its revenue record while winning a 20th English title. United pointed on Wednesday to the enduring success of its commercial operation in helping to maintain the club as a force globally, with further expansion planned in the United States in a bid to capitalize on footballs growth there. However, United is in a transition period as David Moyes has replaced Alex Ferguson after more than 26 years as manager. The 71-year-old Ferguson retired in May after the club won the Premier League. Moyes will be hoping the clubs financial strength will help him replicate the success of his predecessor. Controlled by the American-based Glazer family, United reported revenue rising by 13 per cent to 363.2 million pounds ($578 million) in the year to June 30. The club expects it to soar to between 420 million pounds ($669 million) and 430 million pounds ($686 million) in 2013-14. That would push United closer to Real Madrid, the biggest money-maker in world sport, which reported revenue of 520.9 million euros ($695 million) in 2012-13. United reported a net profit of 17.2 million pounds ($27 million) from 4.5 million pounds ($7 million) the year before, while the cash balance rose by a third to 94.4 million pounds ($151 million). Despite those healthy cash reserves, United made just one major signing during the summer transfer window, bringing midfielder Marouane Fellaini from Everton for 27.5 million pounds ($43 million) after missing out on more high-profile targets. United has opened its Premier League title defence with two wins, a draw and a loss to sit three points behind pacesetter Liverpool in fifth place. "Its not just a strong squad but a deep one," executive vice chairman Ed Woodward said on an investor call. Some fans, however, are still angry with the Glazers for heaping debt onto the club with their 2005 leveraged takeover. But the gross debt that hit 716.5 million pounds (then $1.1 billion) in 2008-09 stands at 389.2 million pounds ($622 million), having dropped 11 per cent in the last year alone. But the cost of serving those liabilities rose to 71 million pounds ($113 million) in the year. "We are comfortable with the leverage levels where we are," Woodward told investors. He said the club delivered on its targets and objectives during its first year listed on the New York Stock Exchange. "Our commercial business continues to be a very powerful engine of growth enabling the team to continue to be successful," Woodward said in a statement. "We won our 20th English League title last season and are delighted to have David Moyes lead our football team into a new and exciting chapter." Commercial income alone grew by 30 per cent during the year to 152.5 million pounds ($244 million) as 20 sponsorship deals , mainly region-specific backers. United hopes to profit from the appeal of the Red Devils branding in the U.S. where Woodward claims the number of TV viewers watching United is growing 30 to 35 per cent each year. "Its underpenetrated ...its the most developed sports market in the world," Woodward said, adding: "We dont want to do deals that are quick and wrong and tie us up." The Premier League has been buoyed by new television deals which are set to generate $8.5 billion over the next three seasons. United received 60.8 million pounds ($97 million) in broadcast revenue from the Premier League last season while winning the title. On the back of new TV deals, Woodward expects a 35 to 38 per cent increase for the club this season. Damon Severson Devils Jersey . If ever they start actually putting pictures beside words in the dictionary, the Blue Jays left-handers mug will appear beside “Consistency. Martin Brodeur Devils Jersey . 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Patrice Bergeron and Daniel Paille scored 20 seconds apart a few minutes after Stamkos was taken off the ice on a stretcher with a broken right leg, and the Bruins beat the Lightning 3-0 on Monday afternoon.TORONTO -- Toronto FC supporters have wasted little time responding to the clubs recent spending spree. The MLS team says it has sold more than 2,000 new season tickets in the last week in the buildup and hoopla surrounding Mondays announcement of the signings of England star striker Jermain Defoe and influential U.S. international midfielder Michael Bradley. The renewal window for the clubs existing 14,600 season-ticket holders runs through January, with the team expecting some 95 per cent to get back on board. Season tickets at BMO Field, which has a capacity of about 22,000, will be capped at 17,000 with club officials expecting a possible return to a waiting list. The club is also looking to create more premium seats, perhaps via a lounge on the North side of the stadium given existing field seats and tables are sold out. In 2013, Toronto ranked 10th in the 19-team league with average attendance of 18,131. The franchise averaged 20,000-plus overr its first five seasons but has dropped to 18,000-plus the last two seasons as results have continued to disappoint.dddddddddddd MLSE boss Tim Leiweke has said the team will lose money in 2014, given the outlay on Defoe, Bradley and fellow designated player Gilberto. That financial picture is not helped by the fact that season-ticket holders who renew are paying the same as last year when prices were rolled back to 2007, the year the team entered the league, in a bid to compensate for poor performance on the field. New season-ticket holders do not get that break so the club will make more from them. A team spokesman said new season seat buyers will be paying, on average, $6 per ticket more per game. Toronto is hoping to expand and renovate BMO Field to increase capacity and improve game experience. Toronto, which went 6-17-11 in 2013, kicks off the 2014 season March 15 in Seattle before opening at home March 22 against D.C. United. Cheap China Jerseys Cheap NFL Jerseys Cheap NFL Jerseys China Cheap Jerseys From China China NFL Jerseys Cheap Jerseys Cheap Jerseys China ' ' '
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