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The latest addition to the club's commercial arm should see the Red Devils post annual income of over £100m when they announce their end of year results

Manchester United have confirmed a new commercial deal with logistics company DHL, who will become the sponsor of the club's training kit.

The lucrative move will earn the Premier League champions £40 million over a four-year contract, with United set to show DHL branding during training sessions outside of European games.

In addition to the deal, United have announced a three-year partnership with Beeline, Vietnam's leading mobile telecommunications company, which will see United content distributed across Vietnam, Cambodia and Laos.

"Manchester United has always been at the forefront of the game off the pitch as well on it and this partnership is another example of that," said Sir Alex Ferguson.

"Everyone knows about the passion of our fans in that part of the world and this deal makes it a lot easier for us to keep in touch with them."

The news follows reports that the club could be placed on the Singapore Stock Exchange in order to boost revenue.