Man Utd net profits rise to £23m

Written By Unknown on 18 September 2012 | 20.27

Profits at Manchester United football club jumped 79.2% to £23.3m in year to 30 June, according to latest figures.

However, the numbers, the first since the club floated on the New York stock exchange last month, show that total revenues fell 3.3% to £320m.

Earnings from commercial operations, which includes sponsorship, hit a record £117.6, up 13.7%.

Shares in the club were floated 10 August at $14 each, but have since fallen.

18 Sep, 2012


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Source: http://www.bbc.co.uk/news/business-19633967#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa
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