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.
For the latest updates, follow us @ArabNewsSport
United generated an operating profit of £32.6 million ($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.
Those numbers come after United minority owner Jim Ratcliffe, who heads the club’s football operation, oversaw a redundancy and restructuring program that saw around 450 jobs cut.
