Man Utd Post Record £581m Revenue

Manchester United have announced they

set a new club record of £581 million in

revenue in 2016-17.

After winning the Europa League and EFL

Cup as well as finishing sixth in the Premier

League, executive vice-chairman Ed

Woodward declared the season a success

in sporting and financial terms.

United posted profits and managed to

reduce their debt.

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

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