By Daily Sports on September 25, 2019
Manchester United announced record revenues of £627 million on Tuesday as the club's executive vice-chairman Ed Woodward moved to reassure fans his priority remains on the pitch.
United have won just two of their last 11 Premier League games stretching back to last season, which saw them miss out on this season’s Champions League.
The loss of income from Europe’s premier club competition will be felt in next year’s figures with United expecting a drop in revenue to between £560 and £580 million.
United made just three summer signings in Harry Maguire, Aaron Wan-Bissaka and Daniel James and have already found themselves short up front early in the campaign after letting Romelu Lukaku and Alexis Sanchez leave for Inter Milan.
However, Woodward defended the change in approach to target young British talent.
“We remain focused on our plan of rebuilding the team and continuing to strengthen our youth system, in line with the philosophy of the club and the manager,” said Woodward in a United statement.
“This is reflected in the recent addition of three exciting first team players, key player contract extensions and the talent we have coming through our Academy.
“Everyone at Manchester United is committed to delivering on our primary objective of winning trophies.” (SuperSport)
•PHOTO: Manchester United players
Source Daily Sports
Posted September 25, 2019
You may also like...
Lewandowski Hits Hat-trick To Pass 300 Goals For...
Afrobasket: D’Tigress begin title defence with DRC rout...
Golden Eaglets Soar High IN Brazil, Enyimba International...
Lobi Stars Slam Indefinite Suspension On 3 Players...
Tabas Accuses Infantino Of Masterminding ESL
Aubameyang to wear No.14 at Arsenal
Khan warns Paul ahead ‘life-threatening’ Joshua fight
Emery's perseverance & belief key to Villa resurgence
Agu backs Okoye for Eagles No. 1 spot
PFL contract ends soon - Ngannou
'No-one downing tools' - Alonso's stay of execution despite loss to Man City
SWAN Anambra Kicks Off Week With Medical Outreach For Journalists
Zaha in Ivory Coast Afcon squad but Adingra left out
UCL: Mbappé doubtful for Manchester City clash after missing training
'Give Alonso time' - but Man City visit could be pivotal
Fifa accused of breaching own rules with Trump award
Son, Simons and mini Spurs revival lift Frank's spirits
Finidi challenges Rivers United players’ mentality
Most Read
Rangers International going, going . . . (63,397 views)
Amaju Pinnick: A cat with nine lives (54,643 views)
Second Term: Amaju Pinnick, Other NFF Heavyweights Home to Roost •How Pinnick Broke the Jinx (52,584 views)
Current issues in Nigerian sports: Matters arising (52,217 views)
Sports Development: Zenith Bank on the zenith (52,191 views)
Missing $150,000 IAAF Grant: Solomon Dalung’s Hide and Seek game (52,101 views)
Gov. Abdullahi Ganduje’s solid footprints, commitment to sports development in Kano State (51,947 views)
NFF Presidency: Pinnick, Maigari, Ogunjobi, Okoye in Battle for Supremacy (51,532 views)
Olopade, BET9A wave of revolution in NNL (50,672 views)
Commonwealth Games 2018: Shame of Muhammadu Buhari, Solomon Dalung (49,223 views)
Ibrahimovic’s Man U exit: Whose decision is it? And in whose interest? (47,616 views)
John Mikel Obi: Segun Odegbami’s Outrageous Call! (47,085 views)