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. Cheap Air Jordan 1 China . The 23-year-old Neustaedter will move at the end of the season when his contract with Moenchengladbach expires. He signed a four-year deal with Schalke. Cheap Air Jordan 1 . Messier, who had been a special assistant to Rangers general manager Glen Sather, announced Thursday in a statement that he is resigning in order to "expand the game of hockey in the New York area by developing the Kingsbridge National Ice Center. http://www.cheapairjordan1.us/ . On Saturday, the paths of Drew Tate and Kevin Glenn cross again as opposing quarterbacks. Cheap Air Jordan 1 Mens . Masahiro Tanaka has touched down in the United States and the courting of the Rakuten Golden Eagles stud pitcher has begun in earnest by a bevy of MLB teams interested in the Japanese ace. Wholesale Air Jordan 1 . The 31-year-old Spain midfielder hasnt played since Madrid lost in the Copa del Rey final to Atletico Madrid in May due to back and foot injuries.Willie Desjardins is in demand. TSN Hockey Insider Bob McKenzie reports that both the Vancouver Canucks and Pittsburgh Penguins have asked the Dallas Stars for permission to speak to the Calder Cup-winning coach of their AHL-affiliate Texas Stars. Desjardins, 58, just wrapped a 4-1 series win over the St. Johns IceCaps to capture the Calder Cup. He has served as the Stars had coach for the past two seasons, following a three-year stint as an assitant coach with Dallas. The native of Climax, Saskatchewan also won a WHL championship in 2004 as coaach of the Medicine Hat Tigers.dddddddddddd. Both the Canucks and Penguins are in the midst of a management overhaul. The Canucks fired both general manager Mike Gillis and head coach John Tortorella at the end of last season. Canucks great Trevor Linden was named President of Hockey Operations in April and Jim Benning was hired as general manager last month. In Pittsburgh, general manager Ray Shero was fired in May. Earlier this month, Jim Rutherford was hired to replace him and subsequently dismissed head coach Dan Bylsma. ' ' '