After starting on 99p, the price was given a swift kick from £31 to £900 before making jumps of up to 50,000 between offers in a bidding frenzy on Monday evening
Net income for the Red Devils has fallen an extortionate 84% for the year to £23.8million from £146million this time last year.
United executive vice-chairman Ed Woodward says he’s looking forward to working with manager Louis van Gaal though he may not have it as easy as he would like.
The 40-year-old announced his retirement from football at the end of last season after a 23-year career at Old Trafford where he claimed more than 30 major trophies
The staggering figure is more than double the amount current partner Nike pays, who announced earlier this month that they would be ending their relationship from the 2014-15 season after the a 13-year association