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Manchester United have announced record revenues of £648 football
4m for the last financial year and expect to bring in even more revenue this season football
But they made a net loss of £28 football
7m, despite cutting their wage bill by £52 football
8m – partly because they were not in the Champions League but also for a season when the best-paid player, Cristiano Ronaldo, left part way through the campaign – after expensive transfers football
Their accounts cover a 12-month period ending on 30 June, in which they signed Mason Mount this summer but also made the expensive purchases of Casemiro, for £63m, and Antony, for £86m, in 2022 football
United paid out £331 football
4m in salaries to their players last season, a sum that is likely to rise for the current financial year because salaries are raised when they are competing in the Champions League football
With the added income of playing in Europe’s premier continental competition, United anticipate a revenue of football between £650m and £680m this year football
United also said that, for the first time since 2016, no dividends were paid to the owners, the Glazer family football
The club’s debt remains at £538m while they also owe an additional £106m with a revolving credit facility football
United paid £21 football
4m in net finance costs over the 12 months – down £40 football
8m, partly due to a change in exchange rates football
United’s broadcasting revenue dropped £5 football
8m last season as they counted the cost of playing in the Europa League, a consequence of a sixth-place finish in the Premier League in 2021/22 football
But their commercial revenue reached a new high of £302 football
9m, up £45 football
1m, which was driven by a £41 football
6m rise in sponsorship income football
United have since signed a 10-year £900m kit deal with Adidas, which is likely to lead to a further increase in commercial revenue football
United’s matchday revenue also went up by £25 football
9m to £136 football
4m, aided by a host of home games during their runs to the FA and Carabao Cup finals football
For much of the last year, United have been for sale, with Sir Jim Ratcliffe and Ineos expected to take a 25 per cent stake in the club football
More aboutManchester UnitedPremier LeagueChampions LeagueSir Jim RatcliffeJoin our commenting forumJoin thought-provoking conversations, follow other Independent readers and see their repliesComments1/1Man Utd project record revenues ahead of Ratcliffe investmentMan Utd project record revenues ahead of Ratcliffe investmentBritain football Soccer Man United BiddersCopyright 2023 The Associated Press football
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Chelsea fell to a third home defeat of the season as Brentford maintained their 100 per cent winning record at Stamford Bridge in the Premier League with a deserved 2-0 victory football
Ethan Pinnock took advantage of non-existent marking to head the visitors in front shortly before the half-hour mark after Mauricio Pochettino’s side had failed to take advantage of a first half in which they dominated football
Thereafter there was little genuine attacking threat nor hope of salvation, as the hosts took a worrying backwards step towards the goal-shy, hesitant play that characterised the manager’s early games football
Robert Sanchez was embarrassed in added time after joining his team’s attack for a corner, failing to catch Neal Maupay in a foot race as he broke with the ball, allowing Bryan Mbeumo to score in an empty net to compound home fans’ woes football
Chelsea’s dire form at Stamford Bridge now stands at one win in their last 13 games in the league, with August’s victory over Luton their only success here in seven months football
They were without Enzo Fernandez and Mykhailo Mudryk, key components in their recent uptick in form, with neither player risked after picking up knocks in training on Friday football
In place of Mudryk came Noni Madueke, in for his first start under Pochettino, and he wasted little time in staking a case to his manager, standing up Vitaly Janelt on the right of the penalty area and opening his body to unleash a wicked, bending effort that thumped the crossbar football
Raheem Sterling on the ball for Chelsea in the first half (Chelsea FC via Getty Images)It was a busy start from Chelsea football
Conor Gallagher, captain again with Reece James fit only for the bench, stung the palms of Mark Flekken when he shot low at goal from 30 yards football
Marc Cucurella found space from a wonderful ball into the box from Cole Palmer, but the defender could summon neither power not placement with his right foot football
Raheem Sterling looked in electric mood football
His dazzling burst through the middle saw the ball break to Madueke, who shepherded it inside for Palmer to return for Sterling who had continued his run football
The move deserved a goal; instead the England forward ballooned his shot into the Matthew Harding Stand football
As the half wore on Chelsea became increasingly camped in the visitors’ half, shifting focus from probing for the critical pass in central positions in favour of balls down the channels, where Madueke and Sterling would not allow Brentford peace football
But there was a feeling of old habits creeping into Chelsea’s play, with the creative fluency of recent weeks not so forthcoming football
The period ended with Pochettino remonstrating with a fan who questioned Nicolas Jackson’s lack of involvement, the manager of a mind that only supportive voices were welcome, but doubtless aware privately of his team’s shortcomings football
There was almost a goal within minutes of the restart, Janelt left to rue profligate finishing after he was left free 12 yards out but fired straight at Sanchez football
It was a stark warning, but one Chelsea’s defence would not heed football
Brentford players celebrate their opening goal (PA)On 58 minutes, their generous marking struck again and this time Pinnock readily accepted the gift football
It was a smart link-up football between Kristoffer Ajer and Mbeumo from a throw-in on the right that began the move, with Mbeumo given space to run the ball to the byline and hoist a cross football
The delivery hung high in the air, finally dropping into the six yard box where Axel Disasi did little more than observe as Pinnock powered beyond him and beat Thiago Silva to the ball to thump his header home football
The shock jolted Chelsea from whatever rhythm they had inherited from the first half football
Still they hogged the ball, but rarely was Flekken tested as they toiled in vain for an equaliser football
Substitute Yehor Yarmolyuk should have made it 2-0 on the break in the final minutes, he was denied point-blank by Sanchez, before Mbeumo lashed millimetres wide of the post football
Pochettino’s assistant Jesus Perez was sent off with frustrations football between the two benches boiling over, and it got even worse for the home side with Mbeumo’s tap-in and the end of Chelsea’s mini-revival football
More aboutChelsea FCBrentford FCJoin our commenting forumJoin thought-provoking conversations, follow other Independent readers and see their repliesComments1/3Brentford end Chelsea’s revival to keep up Stamford Bridge successBrentford end Chelsea’s revival to keep up Stamford Bridge successRaheem Sterling on the ball for Chelsea in the first half Chelsea FC via Getty ImagesBrentford end Chelsea’s revival to keep up Stamford Bridge successBrentford players celebrate their opening goal PABrentford end Chelsea’s revival to keep up Stamford Bridge successEthan Pinnock celebrates after scoring Brentford’s opening goal PA Wire✕Subscribe to Independent Premium to bookmark this articleWant to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today football
SubscribeAlready subscribed? Log inMost PopularPopular videosSponsored FeaturesGet in touchContact usOur ProductsSubscribeRegisterNewslettersDonateToday’s EditionInstall our appArchiveOther publicationsInternational editionsIndependent en EspañolIndependent ArabiaIndependent TurkishIndependent PersianIndependent UrduEvening StandardExtrasAdvisorPuzzlesAll topicsfootball BettingVoucher codesCompareCompetitions and offersIndependent AdvertisingIndependent IgniteSyndicationWorking at The IndependentLegalCode of conduct and complaintsContributorsCookie policyDonations Terms & ConditionsPrivacy noticeUser policiesModern Slavery ActThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inCloseUS EditionChangeUK EditionAsia EditionEdición en EspañolSubscribe{{indy football
truncatedName}}Log in / Register {{#items}}{{#stampSmall}}{{/stampSmall}}{{#stampClimate}}{{/stampClimate}}{{#stampPremium}}{{/stampPremium}}{{title}}{{#desc}}{{desc}}{{/desc}}{{#children}}{{title}}{{/children}}{{/items}}Indy100Crosswords & PuzzlesMost CommentedNewslettersAsk Me AnythingVirtual EventsVouchersCompare✕Log inEmail addressPasswordEmail and password don't matchSubmitForgotten your password?New to The Independent?RegisterOr if you would prefer:SIGN IN WITH GOOGLEWant an ad-free experience?View offersThis site is protected by reCAPTCHA and the Google Privacy notice and Terms of service apply football
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