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The club's financial figures for the year 2013/2014showed a record annual revenue of £433.2m but plunged from £146m to £23.8m.
United also expect revenue to drop by more than £40m as a result of failing to qualify for European football for the first time since 1990 Champions League after they finished a disappointing seventh last season.
The man who oversaw their fall from the top of English football, David Moyes, was sacked in April - just 10 months into his tenure - and the financial figures reveal the club paid £5.2m to the Scot and members of his coaching team in compensation.
- United's wage bill rose 19 per cent to £214.8m, an increase of £34.3m.
- United's sponsorship income increased by 49 per cent last year with a number of new deals coming on stream. Commercial income now makes up 44 per cent of the overall revenue.
- Spending on new players was £78.9m net, including the signings of Juan Mata and Maroune Fellaini but not those who have joined since June such as Luke Shaw, Angel di Maria and Radamel Falcao.
- The gross debt - which dates back to when the Glazer family bought the club - is down to £341.8m from £389m, and the cost of servicing that debt down to £27.4m. In 2010, five years after the takeover, the debt had risen to £710m from an initial £660m. Since 2010, large chunks of the debt have been paid off
- Profit of £23.8m; this is down from previous year's £146.4m but that huge sum was entirely due to a one-off tax credit from American assets of £155m.
chygry;3732364 said:People who are crying about the loss of Welbeck, stop it. Would you rather have Falcao in your team rather than a guy who would've never got a chance in our squad ahead of Rooney and van Persie.
Now there's someone realistically giving those two to fight for their position, although i'd like Rooney in midfield role, maybe not now, but i think he'd be great there.
At least there's someone in our forward line that i actually like.. Rooney's great, but never been a fan of van Persie. Seems like a bit of a ****.
ManUnitedXI;3732435 said:I wanna know, would you guys like it if CR7 came back next summer?
Where do you want to play him? Wing back? Central midfield? Defense? Wouldn't make any sense if he was bought back.ManUnitedXI;3732435 said:I wanna know, would you guys like it if CR7 came back next summer?
Arnau;3732636 said:When Mendes tells you to sign Falcao you can't say no because he owns Football.