Man Utd News >> Manchester Uniteds debt reduced by 20%

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Manchester Uniteds debt reduced by 20%

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Manchester United have released the results of their noted that financial audits, the audit stated very satisfactory results. Although it still has an estimated debt of $ 747 million, the audit results showed a 20% debt reduction.

Debt reduction revenue obtained from the club last season by winning the Barclays Premier, revenues increased 27% which is equivalent to $ 168 million. Half of the Manchester United's income used to pay debt interest of $ 83.4 million.

June 30, 2011, Machester United states profit club that reached $ 180 million. Very satisfactory results for the financial condition of the club Manchester United.

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