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Thursday, 24 May 2018

Manchester United reaffirm full-year financial goals

Reuters , Thursday 17 May 2018
Manchester
Manchester United's Chilean striker Alexis Sanchez (L) heads the ball during the English Premier League football (Photo: AFP)
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A surprise exit from the Champions League after defeat by Spain's Sevilla failed to dent English soccer club Manchester United's finances in the latest quarter as it stuck to its targets for the current year.

United, whose leading players include David de Gea, Paul Pogba and Romelu Lukaku, finished second in the 20-team English Premier League on Sunday behind local rivals Manchester City.

The club's adjusted earnings before interest, tax and depreciation and amortisation for the three months to March 31 rose to 36.1 million pounds ($48.71 million) from 30 million pounds a year ago.

Revenue for the period rose 8.1 percent to 137.5 million pounds.

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