Record profits, big losses for United

08 October 2010 12:00
Manchester United have become the first English club to crash through the £100million profit barrier - while at the same time posting an £83.6million loss. The widely contrasting figures once again emphasise how the Red Devils remain one of the world's most attractive sporting organisations, while at the same time showing the cost of a hugely controversial takeover by the Glazer family in 2005. Interest payments accounted for £40million, while there was also a hefty one-off cost for the successful £504million bond issue earlier this year.

Source: PA


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