Leading football club signs €70M mobile games deal

The world's most valuable football club, Manchester United, has signed a mobile games deal with Jump Games that will see the two firms share revenues from football-themed games that will be distributed globally through mobile handsets.

The three-year deal agreed by Jump Games, a software developer owned by India's second-richest man, Anil Ambani, will see the games being priced from about £3 in the U.K. to 50 rupees (64p) in India. The two companies are claiming the agreement will see them share revenues of €70 million during the term of the deal that will see Jump developing six football-themed games for Manchester United over the next year.

The owner of Manchester United, Malcolm Glazer, is thought to have encouraged the joint venture with the understanding that it will provide him with a new revenue stream to help finance the highly-leveraged £790 million purchase of the U.K. club in 2005.

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