Manchester United have posted a 25 per cent fall in quarterly core earnings after their absence from the Champions League and fewer home games at the start of the season hit their matchday revenue. The clubs adjusted earnings before interest, tax, depreciation and amortisation for the three months to September 30 fell to £31.2m from a record £41.6m a year earlier.United, who signed Paul Pogba and Zlatan Ibrahimovic during the summer, failed to reach the Champions League this season after finishing only fifth in the Premier League in the 2015/16 campaign, leaving them to play Europa League football this term. They also played three fewer home games at Old Trafford in the period compared to a year earlier - one each in the Premier League, in Europe and in the EFL Cup.The club said their net debt, which increased by 18 per cent from £286.2m to £337.7m, was primarily due to the impact of foreign exchange rate movements on our US dollar denominated debt - as Brexit impacted on the club.Revenue came in at £120.2m, falling from £123.6m, although commercial revenue rose 4.4 per cent to £74.3m and now makes up about 62 per cent of total income, with five new sponsorship deals announced during the quarter with EA Sports, Tag Heuer, Apollo, Virgin Money and the renewal with Hong Kong Jockey Club.Broadcasting revenue was up 5.4 per cent from £27.6m to £29.1m, with the increase primarily due, United said, to the new Premier League broadcasting rights agreement.The club, controlled by the American Glazer family, maintained its revenue and profit forecasts for the 2016-17 year as a whole. They remain on course to top last years record revenues figure of £515.3m, forecasting overall revenue of between £530m and £540m for the end of the financial year. United signed Zlatan Ibrahimovic and Paul Pogba during the financial quarter Our financial results for this quarter reflect the impact of our non-participation in the UEFA Champions League, we are pleased that we remain on track to deliver record revenues for the coming year, said United executive vice-chairman Ed Woodward.During the quarter we added a number of top-quality players to our squad, which once again demonstrates our determination to challenge for trophies.Upgrade to Sky Sports now to watch Man Utd v Arsenal this Saturday and get the first six months half price! Also See: Rooney gets Fletchers backing Time to unleash Rashford? Henry on Jose v Wenger Nevs Reunited preview Cheap Nike React Uk . 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The Northern Irishman arrived at the course on Wednesday hoping to start, but after hitting a few balls on the practice putting green Clarke advised officials he was not fit to play. Nike React Uk Release . On Saturday night, the normally free throw-challenged centre did just that. Howard scored 18 of his 25 points in the fourth quarter, including 13 of 19 free throws in a 2 1/2-minute stretch, and the Houston Rockets beat the Denver Nuggets 122-111. CHARLOTTE, N.C. -- Cam Newton breaks into a smile, barely able to control his enthusiasm when thinking about the prospect of wide receiver Devin Funchess lining up opposite Kelvin Benjamin this season.Newton, the leagues MVP, may never have to worry about overthrowing another target again given the receiving corps the Panthers have assembled. The 6-foot-4, 225-pound Funchess will replace Jerricho Cotchery in the starting lineup, giving Newton another huge target to go along with the 6-5, 250-pound Benjamin and 6-5, 255-pound tight end Greg Olsen in the passing game.Weve got something only God can give us: size, speed and strength, Newton said.Funchess never got to play with Benjamin in 2015. Benjamin tore his ACL in training camp, ending his season before it had a chance to begin. Funchess went on to catch 31 passes for 473 yards and five touchdowns as a rookie in a reserve role, helping the Panthers reach the Super Bowl and finish 17-2.With Benjamin coming back and Funchess stepping up, the Panthers didnt attempt to re-sign Cotchery.Coach Ron Rivera has described Funchess as being light years ahead of last season. He said Funchess is playing faster and with more confidence.Youre seeing what hes going to add to the offense, Rivera said. We saw that at the end of the year last year. Everybody was waiting for him, and then in midseason he kind of came into his own and made some things happen. By the end of the season, he got better and stronger, and thats what hes doing right now, getting stronger, learning the plays. Hes learning how to use that big body like Kelvin does.Funchess said he feels more comfortable with offensive coordinator Mike Shulas system enterring his second season.ddddddddddddIm just smoothing out my routes and learning how to use my hands to get off the ball and get separation, Funchess said.Newton, who is 6-5, 250 himself, expects both big receivers will play a huge role in 2016 as the Panthers try to build off a season in which they led the league in scoring.The wide receiver position has changed to a degree, Newton said. You look around the league and see Odell (Beckham), Antonio Brown, those quick little shifty guys. But having a Benji, having Fun(chess), having guys that are 6-5, 6-6 and are able to move and able to jump as well, and you know the average (defensive back) is probably 5-foot-9, 5-10, that size and girth is an edge for you.Funchess isnt afraid to get physical either.In practice Tuesday he took exception to rookie cornerback Daryl Worleys failed attempt to punch the ball out after Funchess hauled in a pass. When Worleys punch caught Funchess in the throat, the receiver wound up in a scuffle on the ground, unwilling to let go of Worleys facemask until coaches came into break them up.Rivera warned he doesnt want to see that in a game, but its pretty clear he likes the energy and physicality the 2015 second-round pick possesses.With Ted Ginn Jr., Philly Brown, Brenton Bersin, Stephen Hill, Kevin Norwood and Damiere Byrd all competing for roster spots at receiver, the Panthers have some tough decisions ahead further down the depth chart. Rivera doesnt seem to mind.Its a good group, Rivera said.---AP NFL website: www.pro32.ap.org and www.twitter.com/AP-NFL ' ' '