October 16, 2018

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Manchester United announce record profits (Punch)

Manchester United announce record profits (Punch)

Manchester United announced record revenue on Thursday after a successful season in which they won the Europa League and the League Cup and qualified for the Champions League.

The Old Trafford club earned revenues of £581.2 million ($783 million, 659 million euros) in the 12 months to the end of June and made an operating profit of £80.8 million.

Debt, linked to the purchase of the club by the Glazer family, dropped to £213.1 million from £260.9 million a year previously. Read more

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