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Manchester United have announced record revenues of £648 football
4m for the last financial year and expect to bring in even more revenue this season football
But they made a net loss of £28 football
7m, despite cutting their wage bill by £52 football
8m – partly because they were not in the Champions League but also for a season when the best-paid player, Cristiano Ronaldo, left part way through the campaign – after expensive transfers football
Their accounts cover a 12-month period ending on 30 June, in which they signed Mason Mount this summer but also made the expensive purchases of Casemiro, for £63m, and Antony, for £86m, in 2022 football
United paid out £331 football
4m in salaries to their players last season, a sum that is likely to rise for the current financial year because salaries are raised when they are competing in the Champions League football
With the added income of playing in Europe’s premier continental competition, United anticipate a revenue of football between £650m and £680m this year football
United also said that, for the first time since 2016, no dividends were paid to the owners, the Glazer family football
The club’s debt remains at £538m while they also owe an additional £106m with a revolving credit facility football
United paid £21 football
4m in net finance costs over the 12 months – down £40 football
8m, partly due to a change in exchange rates football
United’s broadcasting revenue dropped £5 football
8m last season as they counted the cost of playing in the Europa League, a consequence of a sixth-place finish in the Premier League in 2021/22 football
But their commercial revenue reached a new high of £302 football
9m, up £45 football
1m, which was driven by a £41 football
6m rise in sponsorship income football
United have since signed a 10-year £900m kit deal with Adidas, which is likely to lead to a further increase in commercial revenue football
United’s matchday revenue also went up by £25 football
9m to £136 football
4m, aided by a host of home games during their runs to the FA and Carabao Cup finals football
For much of the last year, United have been for sale, with Sir Jim Ratcliffe and Ineos expected to take a 25 per cent stake in the club football
More aboutManchester UnitedPremier LeagueChampions LeagueSir Jim RatcliffeJoin our commenting forumJoin thought-provoking conversations, follow other Independent readers and see their repliesComments1/1Man Utd project record revenues ahead of Ratcliffe investmentMan Utd project record revenues ahead of Ratcliffe investmentBritain football Soccer Man United BiddersCopyright 2023 The Associated Press football
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Erling Haaland struck twice as holders Manchester City moved a step closer to the Champions League knockout stages with a hard-fought 3-1 win at Young Boys football
Haaland put City back into the lead on the artificial surface at Bern’s Wankdorf Stadium after Switzerland international Manuel Akanji’s opener had been brilliantly cancelled out by Meschack Elia football
Substitute Julian Alvarez had an effort ruled out by VAR but Haaland made victory certain with a smart finish four minutes from time football
The win was City’s third in succession in Group G and they could now secure their spot in their last 16 for an 11th successive year with a follow-up victory over the Swiss side at home in a fortnight football
There had been much talk over the synthetic pitch in the build-up to the game and heavy rain added another variable element but it proved a free-flowing encounter football
Young Boys started well with Filip Ugrinic forcing a save from Ederson before Rodri headed wide from a corner football
Jack Grealish, who ignored the persistent booing of the vociferous home crowd, teed up Jeremy Doku with a superb first-time ball but the Belgian slipped as he cut inside and Anthony Racioppi saved football
The impressive Swiss keeper denied Haaland soon after but did have a moment of alarm when he spilled a Grealish shot football
Matheus Nunes could only poke the loose ball weakly towards goal, however, and Loris Benito cleared off the line football
Doku went close again after switching from the right to left wing but Racioppi brilliantly saved his curling effort and blocked a first-time Rodri shot football
Young Boys had a good spell before the break with first Cedric Itten breaking clear but failing to beat Ederson football
Itten then teed up Sandro Lauper with a neat flick but Nathan Ake got back to block before a powerful Lewin Blum effort was turned behind football
Itten went close again from the set-piece as his header dropped narrowly over football
(Getty Images)While that made for a lively end to the first half, the game truly burst into life early in the second football
Akanji and Nunes both had chances before City grabbed the lead in the 48th minute football
Rodri delivered a cross into the box and Ruben Dias, still forward following a corner, had a header tipped onto the bar by Racioppi football
Akanji reacted the quickest to turn the ball in football
City went in immediate search of a second but were caught out after a Haaland shot was saved by Racioppi football
The ball was quickly sent to the other end and played into the path of Elia, who caught Ederson stranded off his line with a superb lob football
Young Boys were firmly back in the game and Itten forced Ederson into an awkward save with a swerving shot football
City stepped up the intensity and were awarded a penalty when Mohamed Ali Camara, moments after being booked, caught Rodri from behind football
Haaland stepped up to thump home his 10th of the season football
City thought they had claimed another through Alvarez but his low strike was ruled out for a Grealish handball in the build-up football
It fell to Haaland to complete the job, the striker wrong-footing the defence just inside the box and then lifting into the top corner football
More aboutErling HaalandYoung BoysJulian AlvarezChampions LeagueManuel AkanjiJoin our commenting forumJoin thought-provoking conversations, follow other Independent readers and see their repliesComments1/2Haaland strikes twice as City continue perfect Champions League startHaaland strikes twice as City continue perfect Champions League startGetty ImagesHaaland strikes twice as City continue perfect Champions League startErling Haaland bagged a brace for City (Zac Goodwin/PA)PA Wire✕Subscribe to Independent Premium to bookmark this articleWant to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today football
SubscribeAlready subscribed? Log inMost PopularPopular videosSponsored FeaturesGet in touchContact usOur ProductsSubscribeRegisterNewslettersDonateToday’s EditionInstall our appArchiveOther publicationsInternational editionsIndependent en EspañolIndependent ArabiaIndependent TurkishIndependent PersianIndependent UrduEvening StandardExtrasAdvisorPuzzlesAll topicsfootball BettingVoucher codesCompareCompetitions and offersIndependent AdvertisingIndependent IgniteSyndicationWorking at The IndependentLegalCode of conduct and complaintsContributorsCookie policyDonations Terms & ConditionsPrivacy noticeUser policiesModern Slavery ActThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inCloseUS EditionChangeUK EditionAsia EditionEdición en EspañolSubscribe{{indy football
truncatedName}}Log in / Register {{#items}}{{#stampSmall}}{{/stampSmall}}{{#stampClimate}}{{/stampClimate}}{{#stampPremium}}{{/stampPremium}}{{title}}{{#desc}}{{desc}}{{/desc}}{{#children}}{{title}}{{/children}}{{/items}}Indy100Crosswords & PuzzlesMost CommentedNewslettersAsk Me AnythingVirtual EventsVouchersCompare✕Log inEmail addressPasswordEmail and password don't matchSubmitForgotten your password?New to The Independent?RegisterOr if you would prefer:SIGN IN WITH GOOGLEWant an ad-free experience?View offersThis site is protected by reCAPTCHA and the Google Privacy notice and Terms of service apply football
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