Man Utd sell two million shirts but profits plunge after Moyes

Business booming at Old Trafford as they sell double the number of replica shirts as rivals

Jonny Evans
(Image credit: Clive Mason / Getty)

Manchester United endured a nightmare on the pitch last season, but business off it is booming and the club today announced record revenues of £433.2m, after selling two million replica shirts last year – more than twice as many as their nearest Premier League rivals.

However, because of the club's tax situation, profits plunged 84 per cent to £23.8m, compared to £146m a year ago. However, last year's figure was boosted by a £155m US tax credit, and the club's underlying profits actually rose £11.5m this year.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up