Quantcast
logo

'Something special' coming up despite fall in profits, says United

  • Manchester United has announced an 84% drop in profit though annual revenues were up by 19%.

    Ed Woodward, the club’s executive chairman, described the 2013-14 season as “challenging and disappointing” but said United was on the cusp of “something special”.

    The steep fall in profits from £146m to £23.8m have been attributed mainly to a tax credit that was claimed in the last financial year.

    Woodward said United was excited on having “one of world's best managers”.

     

    Tagged as: Manchester United, profit, revenues, Ed Woodward, club, executive chairman, football, sports news