Manchester United profits rise

Started by Shola Sholaz, Feb 15, 2013, 12:20 AM

Shola Sholaz

Manchester United has reported a 74% rise in profits for the second half of 2012, on the back of rising revenues.
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The Premier League club said pre-tax profits for the last six months of the year were £22.3m
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Total revenues were up, with income from sponsors particularly strong, though broadcast revenues were down.
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The club, owned by the Glazer family, listed on the New York Stock Exchange last year at a flotation price of $14 a share
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The shares are now trading at nearly $19 giving the company a valuation of over $3bn.

Folami David

Forward ever Backward never for Sir Alex Ferguson!

Shola Sholaz

they are making money, and they are also playing well