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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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bbc.com
Man Utd debt up to £1.3bn despite profit of £33m
The amount Manchester United owe increases to almost £1.3m in outstanding transfer fees, rolling credit facility and legacy debt.
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arabnews.com
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…