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Manchester United posts profit rise despite its 'turbulent' season

Adam Reed

Revenue generated by Manchester United PLC in its most recent results was £152.1 million, which was down almost £56 million on the previous quarter, but almost £15 million more than the same period last year. Net profit saw a rise of 11.6% to £7.7 million for the same period last year. The parent firm of famous soccer club Manchester United MANU announced third-quarter operating profits of £14.2 million ($18.1 million) Thursday, a rise of 94.5% from the same period last year despite a challenging season in the English Premier League.