Profits up, debts down at Manchester United

MANCHESTER United has reported 74% surge in first half profits to £22.3m.

The club, which is on course for a 20th domestic league title, also said revenues in the six months to the end of December were up 6.5% at £186.4m.

Announcing buoyant second quarter figures the club said it had increased commercial revenues by 29% year-on-year, with six new sponsorship deals with corporates in China, Japan, Thailand and Turkey.

Ed Woodward, executive vice chairman commented, ‘Manchester United achieved record revenue... For the full story register now for free or login below...