United turned around a deficit of about £500,000 and made £1.45million in the year to June 2012. The club made a profit of more than £2.1million in transfer fees thanks to Goodwillie's move to Blackburn and Allan's switch to West Brom. The club reduced their bank debt from £5.4million at the start of the 12-month period to £3.7million in July.
Source: team_talk
