Man Utd financial results show profit increase after job cuts

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 ($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.

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