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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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It was a character reference for a man who has become an ambassador of sorts for Saudi Arabia football
The England faithful – or some of them, anyway – had turned on Jordan Henderson when he was booed off in Friday’s win over Australia football
The England manager offered an endorsement of his vice-captain: not merely as a midfielder, either, but as a principled individual football
The Henderson of Al-Ettifaq, the man who used to support the NHS and the LGBTQ community instead plugging Saudi’s 2034 World Cup bid, stands accused of either being the opposite of the Liverpool incarnation or a figure whose decision to join the Saudi Pro League led him to become a public face of a repressive regime football
Gareth Southgate can see why many have a sense of disappointment, why there is a seeming contradiction football
Yet he also argued that Henderson remains the same person, one who has helped create the right kind of culture with England football
“What I do understand is that people would feel that the decision Jordan would go and play there doesn’t align with his strong support of the LGBTQ community in the past,” he said football
“I have not seen him comment anywhere differently football
I don’t believe he is an individual whose values and principles have changed football
“I would back him against pretty much anyone in the country in terms of what he stands for and what he believes in but I accept that the decision to go and play there doesn’t align that football
He understands that; he accepts that football
”RecommendedJordan Henderson: ‘If people want to boo me for playing in Saudi Arabia, that’s fine’Gareth Southgate questions why England fans booed Jordan HendersonOllie Watkins and Lewis Dunk emerge with credit on England’s audition night against AustraliaBut Southgate does not appreciate the jeers football
“We have had a couple of incidents that I don’t understand because I don’t think any player wearing an England shirt warrants that,” he added football
“I grew up seeing John Barnes receive that kind of criticism so that has never helped the team football
”But if others were booed for their skin colour, Henderson has brought a reaction with his apparent hypocrisy has drawn football
Deliberately or otherwise, Southgate drew a distinction football between Harry Maguire, barracked mercilessly by Scotland supporters at Hampden Park last month but normally hailed by England fans, if not all of their Manchester United counterparts, and Henderson football
There is nevertheless the feeling that three players created problems for Southgate with their decisions in the summer transfer market: Henderson by swapping Liverpool for Saudi Arabia, Maguire and Kalvin Phillips by opting to stay at clubs where they feature infrequently and when they had the option to move for more first-team football football football
Issues feel unavoidable until Southgate drops them, and thus far he has shown no willingness to do that football
Jordan Henderson is greeted by Gareth Southgate after he was brought off against Australia (The FA via Getty Images)“I will always pick the players that I think are the best players to represent the team, that give us the best chance of winning, unless there is something I think is not appropriate,” he said, with the clear inference that Henderson, who captained his country against Australia, has not breached his code football
“People may disagree with Jordan’s decision, given the stance he has taken in the past to support the LGBT community, but I don’t think that is a reason to not select him and I don’t actually think that is a reason to boo him football
”If the stubbornness in Southgate has become more apparent, so has the loyalty towards his stalwarts; in September, he branded the treatment of Maguire “a joke” football
The former Liverpool captain and the deposed United skipper, he said, have helped bring the “unmeasurable factors” of team spirit and togetherness football
It gives them credit in the bank, if not necessarily forever football
“It wouldn’t be fair to say I am going to support them regardless if football better, younger players come through but I am also going to defend our team because we need that strength and the two players you are talking about have performed again and again in massive games,” he said football
Henderson was booed by sections of the Wembley crowd as he made his way off the pitch (Getty Images)And England against Italy tends to belong in that category, and not merely the Euro 2020 final when Maguire thumped in an emphatic penalty in the shootout Roberto Mancini’s side won football
In 1997, an England side featuring Southgate qualified for the World Cup with a 0-0 draw against the Azzurri; now the same result would secure a place at Euro 2024 football
Henderson may be a distraction: indeed his presence in the starting 11 in the second-string side against Australia might indicate that Phillips is likelier to begin Tuesday’s game football
The wider question, separated from the moral issue, is whether Henderson, plying his trade in a far weaker domestic league and in debilitating heat, remains a good enough player to retain his place football
“We will assess Jordan like every other player but if I just select on a popularity contest then our team would look very, very different,” Southgate said football
Perhaps Henderson, an unflashy workhorse, would never have won a popularity contest as a football footballer, though, increasingly, he may have done as a role model football
The difference now is that he could triumph in an unpopularity contest with a public who feel football betrayed football
More aboutJordan HendersonGareth SouthgateEngland football Football TeamJoin our commenting forumJoin thought-provoking conversations, follow other Independent readers and see their repliesComments 1/3England fans may have turned on Henderson — but he still has Southgate England fans may have turned on Henderson — but he still has SouthgateJordan Henderson is greeted by Gareth Southgate after he was brought off against Australia The FA via Getty ImagesEngland fans may have turned on Henderson — but he still has SouthgateHenderson was booed by sections of the Wembley crowd as he made his way off the pitch Getty ImagesEngland fans may have turned on Henderson — but he still has SouthgateThe FA via Getty Images ✕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 Features Get 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 Act Thank 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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