Manchester United has reported revenues of 648.4 million pounds ($783.5 million) for the last financial year. That is a record in the Premier League. The latest financial figures from United come at a time when British billionaire Jim Ratcliffe is reportedly ready to buy a 25% share of the English club from its American owners.
Manchester United’s goalkeeper Andre Onana, right, celebrates with teammates after makes a save penalty shoot during the Champions League group A soccer match between Manchester United and Copenhagen at the Old Trafford stadium in Manchester, England, Tuesday, Oct. 24, 2023. FILE - British billionaire Jim Ratcliffe, the founder of the INEOS Chemicals company, is interviewed by The Associated Press at the Iffley Road Track, in Oxford, England, Tuesday, April 30, 2019.
United’s wage bill for the period was down 52.8 million pounds to 331.4 million pounds , which was attributed to “squad turnover” and the team’s absence from the Champions League. Cristiano Ronaldo was among several highly-paid players to leave the club.
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