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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Category Article Financial, Season 2011/2012
