Manchester
United has reported a sharp fall in annual profits despite record revenues for
the year.
The
football club said net income plunged 84% for the year to 30 June to £23.8m,
from £146m a year ago.
It
comes a month after Manchester United announced a £750m 10-year shirt
manufacturer sponsorship deal with Adidas.
The
club said revenue increased 19% to £433.2m, compared with £363.2m a year
earlier.
BBC
Business
No comments:
Post a Comment