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Man Utd financial results show profit increase after job cuts

Cover Image for Man Utd financial results show profit increase after job cuts

United say they remain on track to record revenues of between £640 million and £660 million for the full fiscal year.

LONDON: Manchester United chief executive Omar Berrada highlighted the “positive financial impact of our off-pitch transformation” after the club recorded a profit increase following their recent job cuts.

United generated an operating profit of £32.6 million (US$44 million) in the first six months of the fiscal year, compared with a £3.9 million loss for the same period last year.

The operating profit for the most recent quarter, over the last three months, was £19.6 million, compared to £3.1 million in the same period last year.

Tags:financialFootballincreasejob cutsMan UtdPremier Leagueprofitresults


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