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 (€659 million) 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.
The Premier League joint leaders, managed by Jose Mourinho, expect similar revenues during the current financial year.
Earlier this year, financial analysts Deloitte revealed United had returned to the top of football’s rich list for the first time since 2005, supplanting Real Madrid thanks to revenues of £515 million.
“We concluded a successful 2016/17 season with a total of three trophies (including the Community Shield) and a return to Champions League football,” said executive vice chairman Ed Woodward.
“We are pleased with the investment in our squad and look forward to an exciting season.”
More investment to come. United making the right moves to get back on top.
@Arthur Pewty: wait until it all implodes on José, and it will.
@William Boland: United will still have the same team and self earned money to keep going if that happens. Fret not William.
@William Boland: haha riddeled with the jelousey
This won’t sit well with the haters.
@David: it is far too important to the sycophants.
@David: unless you have shares in the club it’s nothing to brag about
@Jamie: don’t talk shite talk thats like saying when your club wins a trophy you can’t celebrate cause you don’t play for them
@Kurt Barlow: so you’re at home celebrating all the money United made?you live a sad life
@Jamie: I was born in Manchester as I’ve said before, not far from the old Carrington grounds. So yes I can say we all I like and enjoy everything wonderful about this great club including its money . Clean up your sick on the way out
@Kurt Barlow: It doesn’t matter where you were born you don’t have shares in the club what does it matter?Fans support a club for success on the pitch not their bank account well unless you’re part of the snowflake generation which you obviously are
@Kurt Barlow: some people have posters up of the trophies their team have won with the squad but Kurt has a print out of the clubs financial records
When the debt is cleared in the next 3-4 years United will be able to compete at the top table. As it is they’re still a few players off that. For those who say ‘they will buy success’, every other club does it who wants to win.
@Pj Windgap: it’s only a problem with fans til their own club gets the investment then they seem to have no problem with it.
@Pj Windgap: they already have the most expensive team ever with the highest wage bill of any team
Ah. Clubs falling apart…..
LMAO at the two biggest sorest most jealous imbeciles ever to comment in the history of the 42. You pair should just get a room at this stage