Three-time European champions Manchester United are said to be closing in on a new shirt sponsorship deal.
It was revealed that Manchester United are on the verge of sealing a world-record shirt sponsorship deal with Chinese firm Haier.
This is according to the report from The Sun which stated that the shirt sponsorship deal is worth £70m on a yearly basis.
Manchester United have a shirt sponsorship deal with AON at the moment.
No club would have signed a better shirt sponsorship deal when the Haier deal is confirmed.
Manchester United continue to break new grounds on the financial front but the San can’t be said about results on the pitch.
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The Red Devils face a big hurdle to qualify for the Champions League next season after their average start to this new league season.
Manchester United are in ninth position on the Premier League table after winning just four games from the 13 games played in the league this term.
The Red Devils played out a thrilling six-goal game with Premier League newcomers Sheffield United in their last game at the weekend.
Manchester United had to come from two goals down to secure a point during the game played at Bramall Lane on Sunday.