Wage bill down £52.8m; club still make a loss of £42.1mLong-term debt still $650m; sterling figure drops to £507.3m
Manchester United have reported Premier League record revenue of £648.4m for the year ending 30 June. The figure is 11% up on the previous 12 months and beats the league record set by United in 2019, but the club still reported a loss of £42.1m.
The record earnings come despite United being in the Europa League, rather than the more lucrative Champions League, last season. The club predicted revenue for the 2023-24 period will be between £650m and £680m.
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