Manchester United reports record turnover of £590m
Manchester United today unveiled record revenues of £590m for the year to June 30, and an operating profit of £44m.
The Old Trafford club reported an adjusted EBITDA (earnings before interest, tax, depreciation and amortisation) of £177.1m.
And the Reds have set the bar even higher for their current fiscal year, with a forecast for revenues of £615m-£630m for 2019, and an adjusted EBITDA of £175m-£190m.
Executive vice chairman Ed Woodward said: “Everyone at the club is working tirelessly to add to Manchester Unitedâ€... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
