Record annual revenues at United
Manchester United achieved record annual revenues in the year to 30 June 2017. Revenues increased 12.8 per cent compared to the previous season to £581.2m, Earnings before deductions for tax, depreciation etc. increased more than 17 per cent to just under £200m. Pre-tax profits increased 7.7 per cent to £39.2m. The improved performance was largely due to higher broadcasting income and Europa League success.
Sports minister Tracey Crouch has called the situation surrounding the terminaton of Mark Sampson’s contract as women’s head coach by the FA a ‘mess’. Crouch is a qualified football coach, manages a girls’ football team and is a keen Spurs supporter. She was the first Conservative minister to take maternity leave.