The club's revenue for the three months to December 31 fell nearly 20% because of a £39-million drop in broadcasting income
Manchester United executive vice-chairman Ed Woodward is adamant the club are heading in the right direction as the latest financial results underlined their need for a return to Champions League football next season.
United’s revenue for the three months to December 31 fell nearly 20% because of a £39-million drop in broadcasting income.Net debt also jumped to £391-million, a £73.6-million increase on the same period in the previous year. The £47-million signing of Bruno Fernandes from Sporting Lisbon is not accounted for in the club’s latest figures, because the Portuguese international joined Manchester United only last month.
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