Manchester United are ready to cash in on supporters worldwide by launching a 'premium' streaming app of their in-house television channel.

Executive vice-chairman Ed Woodward rolled out plans on Thursday, with content available to fans in more than 160 countries when set live later this year.

Woodward revealed prices would range £1.49 and £4.99 per month for those who shell out on a live feed of MUTV with other additional features.

Manchester United executive vice-chairman Ed Woodward announced the new app plans

It is yet another indicator of how United plan to step up their commercial business on a day they announced spiralling debt blamed largely on the weakening of the pound.

Broadcasting deals with the Premier League mean the app will be unavailable in the UK, while United are not introducing it into countries where they feel it would impinge on existing sponsors.

'It will provide access to a continuous live stream of United's 24-hour television channel and on-demand library of top picks, documentary boxsets, studio shows, recent matches, highlights and classic matches,' Woodward said.

'It will enable us to build a global base of customers, tracking user behaviour within the app and test and optimise marketing. It's something we expect to grow steadily over time.

'We believe the mobile side of the business will grow over the years. We're measured about expectations around this.'