Manchester United have announced a new record operating profit.
United made a record operating profit of £110 million last season, underlining the club’s commercial growth under the ownership of the Glazer family.
This translates into a pre-tax profit of £29m.
The reigning Premier League champions saw turnover increase by £45m to £331.4m in the year to June 30 2011, a record for an English club, exceeding the £313m recorded by Arsenal for the same period.
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