Manchester United Announce Record £581M Revenue

Premier League giants Manchester United have officially announced that they have garnered a new club record of £581 million in revenue in 2016-17.

Man Utd vice-chairman Ed Woodward declared that the last season was huge success in both sporting and financial terms – having won the Europa League and EFL Cup as well as finishing sixth in the Premier League.

Man United posted profits and managed to reduce their debt.

Ed Woodward

We concluded a successful 2016/17 season with a total of three trophies and a return to Champions League football,” Woodward told investors as the club released its financial accounts.

“The year saw us set record revenues of over £581m and achieve a record EBITDA [Earnings before interest, tax, depreciation and amortization] of £199.8m.”

“We are pleased with the investment in our squad and look forward to an exciting season.”

Anirban Das
Anirban Das's journey to Delhi via Kolkata involves football, music, curiosity (which one day can kill the cat) and food. Following global football opens up an infinite space within him in both the conscious and subconscious self, away from the din and bustle of the madding crowd. Supports Manchester United & Barcelona

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