Manchester United are predicting record revenues of up to £640million for the year after a positive season saw them return to the Champions League.
The Old Trafford club announced an 11 per cent increase in revenue for the three months up until March 31 after progress in domestic cup competitions boosted matchday income.
The previous revenue projection for the year of between £590m-£610m has been raised to £630m-£640m.
The club's long-term debt remains unchanged at $650m [£510m].
It comes after Erik ten Hag guided United to a third-place finish in the Premier League during his first season as manager.
The Dutch coach also ended a six-year trophy drought by claiming the Carabao Cup and took United to the FA Cup final.
The latest financial update comes against a backdrop of uncertainty over the takeover of the club as Qatari Sheikh Jassim and British billionaire Sir Jim Ratcliffe jostle for position.
There was no mention of the takeover in the financial bulletin on Tuesday.
Hours before the release of the figures, angry fans protesting at the Glazer family's slow handling of the takeover blockaded the Old Trafford megastore as the home kit for next season was launched.
More to follow.