Manchester United executives and owners ring the opening bell at the NY Stock Exchange

Manchester United hit record revenue levels following commercial success

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Remind me again why Manchester United only brought in one expensive signing in the summer transfer window?

It certainly wasn’t because cash-flow has been a problem, just look at these figures.

On Wednesday Manchester United announced that for the 12 months to June they reached record revenue figures, with over $540 million reaching the Premier League club. Earlier this year the club was also floated on the New York Stock Exchange.

American businessmen the Glazer family put the increase down to a huge rise in commercial revenue, as sponsorship deals went through the roof. Record merchandising and product licensing also saw revenue lines sky-rocket, as United made a net profit of $215 million.

(MORE: Real Madrid oust Manchester United as worlds richest team)

Manchester United’s executive vice chairman Ed Woodward was delighted with the results after he took over from previous incumbent David Gill.

“We are very proud of our results,” Woodward said. “Our commercial business continues to be a very powerful engine of growth enabling the team to continue to be successful. 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. We look forward to a successful 2013-14, both on and off the pitch.”

United have certainly been busy off the field in the past 12 months, as sponsorship for all kinds of things began to pop up. We had ‘Mr. Potato’ as their official snack-partner, Russian airline Aeroflot is now involved, and US car manufacture Chevrolet who will be the club’s shirt sponsor for next season. Some have laughed at the huge number of sponsorship deals United have signed in the past few months, but it’s having the desired outcome… so why not cash in? Every other club or sports franchise in the world would do the same if they had United’s allure and attractiveness from a business standpoint.

In all, commercial revenue is up 30 percent and as United continue to become a global success story off the pitch, they will hope some of that success continues to happen on the pitch, too.

But does all this financial success put more or less pressure on David Moyes to succeed in his first season in charge at Old Trafford?

I think it actually helps him out. Moyes shouldn’t bat an eyelid at these figures. The only thing he should know is that United are in a terrific position in terms of future outlook, and although the club has had plenty of debt piled onto it by the Glazers, Manchester United could easily recoup that with the correct business plan in place.

Moyes’ job is easy. Focus on the soccer. Everything else will look after itself. And, commercially, it’s doing more than that… it’s thriving.

Juan Carlos Osorio to become new Mexico boss

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Mexico looks to have found a new manager in Juan Carlos Osorio.

Osorio, who had stints managing in Major League Soccer with the Chicago Fire and New York Red Bulls, was most recently coaching in Brazil with Sao Paulo.

However, the Brazilian club released a statement today that Osorio had decided to step down from his position in order to take the Mexico job.

[ FOLLOW: All of PST’s USMNT coverage ]

Following Miguel Herrera’s firing in July, Ricardo Ferretti was named interim manager of El Tri, and will coach the side in Saturday’s CONCACAF playoff match against the United States. However, Ferretti has stated he will not stay with Mexico past that match, and will return to Liga MX, where he serves as manager of Tigres UANL.

Osorio had recently been linked with the Mexico job, but said he would take his time in making a decision.

His only other exposure to Mexican football came during a short stint in Liga MX managing Puebla. He lasted just seven matches before resigning and returning to manage in his native Colombia.

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He was in line to take charge of the Honduras national team in 2011, but he was unable to get out of the contract with the Colombian team he was managing at the time.

There has been no official confirmation of the hiring from the Mexican Federation.

Benzema and Benitez in a war of words at Real Madrid

MADRID, SPAIN - SEPTEMBER 26: Head coach Rafael Benitez (R) of Real Madrid CF gives instructions to his player Karim Benzema (L) during the La Liga match between Real Madrid CF and Malaga CF at Estadio Santiago Bernabeu on September 26, 2015 in Madrid, Spain.  (Photo by Gonzalo Arroyo Moreno/Getty Images)
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Karim Benzema has scored six goals in his eight appearances for Real Madrid this season, and is currently the top scorer in La Liga.

Despite being in great form, Benzema has continuously been substituted by manager Rafa Benitez, which has upset the French striker.

Benzema opened the scoring for Real in the Madrid derby over the weekend, but was taken off in the 77th minute. Atletico would go on to score minutes later as the match ended in a 1-1 draw.

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Speaking after the game, Benzema said he was “fed up” with being taken off, but will continue to work to help his team.

Substitutions are what the coach decides, I’m just there to help my teammates.

It’s true I’m fed up of being taken off. I’m calm and will continue to work so I’m not always subtituted. He took me off to get a result, for defensive reasons.

It’s true that the electronic board always shows the No.9. Ask Benitez why that is.

When told about Benzema’s comments, Benitez said he made the change for tactical reasons, as Real was in the lead and he replaced the striker with a more defensive-minded player in midfielder Mateo Kovacic.

I needed to give the team some balance at that point in the game. I’m a huge fan of Benzema. If I were Karim, I’d also be angry at being taken off when I thought I was playing well and was on a great run of form.

What I’d do if I were Karim is score more goals so that next time I don’t have to be taken off and can say, ‘Hey, here I am.’

Benitez’s response comes off as a backhanded compliment, asking Benzema to “score more goals,” despite the player leading La Liga in scoring. In fact, Benzema has averaged a goal every 84 minutes this season, an incredible strike rate.

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Over the summer, Benzema was linked with a move away from Real Madrid, but he constantly denied the rumors and said he never thought about leaving the club, which he called the best in the world. Just a few matches into the new season, there may be some trouble in paradise.