By Marcus Leach

Premier League champions Manchester United have posted annual operating profits of £110.9 million.

Total revenue was up by £45 million on the previous year, having risen to £330 million by the end of June 2011.

This news comes shortly after the club announced they would be launching a partial flotation on the Singapore Stock Exchange, a move which is hoped will raise £600 million.

Further to that, in August the club announced that DHL will sponsor their training kit, as well as a deal with Vietnamese mobile phone group Beeline.

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