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Manchester United have announced a quarterly profit of £18.6m with a total revenue of £133.8m, up 26.6 per cent on the same period last year. The results mean United remain on course to become the first British club to earn more than half a billion pounds in one year despite a disappointing campaign in the Premier League and early exit from the Champions League. Uniteds 1-1 draw at Chelsea on Sunday left them six points adrift of the top four with 13 matches remaining, but their their second-quarterly financial results released on Thursday showed the club expects revenue for the year to hit up to £510m. No British club in history has recorded such a figure. Sky Sports News HQ reporter James Cooper explains what Manchester Uniteds latest finance records mean. Commercial revenue for the second quarter was £66.1m - an increase of 42.5 per cent on the previous year, while broadcasting revenues were also up 31.3 per cent and sponsorship revenue for the second quarter was up £1.6m to £37.4m. Utd happy with LVG Man Utd are happy with Louis van Gaal as their current manager United vice-chairman Ed Woodward said: Our strong commitment to investing in our squad, youth academy and the broader club are ultimately underpinned by our financial strength and the hard work and dedication of everyone at the Club.Our solid results off the pitch help contribute to what remains our number one priority - success on the pitch. Also See: United happy with van Gaal Man Utd fixtures Premier League table Get a ￡10 free bet! Wholesale Shoes Black Friday Free Shipping . Pirlo limped out of Sundays 1-0 win over Udinese after just 13 minutes. 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Miller reached right to deflect Mikhail Grabovskis attempt with just over 2 minutes remaining in regulation, and then made two more saves in the shootout Sunday to give the Sabres a 2-1 win over the Washington Capitals. TORONTO -- The Toronto Raptors have added assistant coaches Bill Bayno and Jesse Mermuys to Dwane Caseys staff for the upcoming NBA season. Bayno has over 20 years of coaching experience at the NBA, college and international levels. He spent the last two seasons as an assistant coach in Minnesota and previously spent five years as an assistant in Portland. "One profile we were going for is player development," Casey said. "Bill Bayno is one of the best in the league as far as player development. Ive known Bill for a long time back when he was coaching in college and also when he was coaching with my good friend Nate McMillan in Portland. He did an excellent job of developing guys." Mermuys was a member of Kevin McHales staff in Houston last season, serving as assistant coach and director of player development. He worked with the Denver Nuggets for four years, first as video co-ordinator in 2008-09 then was promoted to advance scout where he was responsible for scouting upcoming opponents throughout the league. He was promoted to assistant coach and advance scout for the 2011-12 campaign. "Jesse did a good job not only in Denver, but also with James Harden in Houstonn," Casey said.dddddddddddd "He has a good relationship with players." The team also promoted Jama Mahlalela to assistant coach following two seasons working in the Raptors front-office as director of player development. Mahlalela was a four-year starter at the University of British Columbia and an assistant coach for four seasons at the University of Toronto. "Jama is one of the best player relations and player development guys that we have," Casey said. "Ive seen the talent he has as far as teaching on the court and working with guys." Casey said the team is looking to make more additions to the coaching staff. Casey enters his third season as Raptors head coach. He has a 57-91 record over two seasons in Toronto. The Raptors also announced that they will conduct some of their training camp in Halifax for the second straight year. Casey said the team will benefit from being in "a hotel setting, kind of away from friends and family." "Last year Halifax really got us off to a good start in the exhibition season," Casey said. "I think its going to be a good thing for us this year to have that time together." ' ' '