Manchester United post record profits

03 Sep, 2011

English champions Manchester United posted record operating profits of £110.9million ($179.7million) for the past financial year, figures released Thursday showed. The Old Trafford club have also recorded a record revenue of £334.1million - an increase of £45million from last year and passing £300million for the first time - according to figures for the year ended June 30, 2011.
United, who won the Premier League title and reached the Champions League final during the period, have also recorded a commercial turnover of £103.4million - which doesn't include a new £10million a year sponsorship deal with global delivery company DHL. The figures were published as United considered a plan to raise more than £600million by selling shares on the Singapore Stock Exchange.

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