Manchester United profit takes a dive
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Story in full MANCHESTER United, widely regarded as the worldâs most profitable football club, today announced that their annual profit had slipped to Â£27.
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Manchester United paid fees totaling 8.5 million pounds (US$15.4 million, â¬12.5 million) to agents who acted as middle men in player transfer deals last season.
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Manchester United's drive to reclaim the Premiership title accelerated on Saturday as Sir Alex Ferguson's side pulled nine points clear of Chelsea.
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MAN UNITED&#39;S share price has fallen by just over 2.5%, less than expected after the resignation of Malcolm Glazer&#39;s bankers JP Morgan.
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MANCHESTER United might just be on the march again. Written off completely after their disastrous 2-0 defeat at Portsmouth last month, they have since won five games out of six, with the only exception a 0-0 home draw in the derby with Manchester City.
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ITâS not always easy to feel sorry for Manchester United. They are, after all, the most profitable club in the world and perhaps the richest as well.
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Goals from Ryan Giggs and Paul Scholes eased Manchester United to a 2-0 win over Charlton Athletic at Old Trafford this afternoon (Saturday).
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American business tycoon Malcolm Glazer has launched another Â£17million raid on Manchester United on Monday. Glazer, who on Friday splashed out Â£45million to take his stake in the Old Trafford club to 25.
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The countryâs largest newspaper publisher said Friday that its fourth-quarter profit dropped because of a decline in broadcasting revenue and weak newspaper ad sales.
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Manchester United drop from second to fourth in Deloitte's list of wealthiest clubs, still topped by Real Madrid.
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Borussia Dortmund investors drove its stock down five percent to an all-time low on Thursday after the loss-making club asked shareholders for more money.
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The company has signalled profits of between Â£285 million and Â£295 million, down on Â£311 million a year ago, following a poor run of sales.
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Retailer JJB Sports warns that profits will be lower than it expected on falling sales of replica shirts.
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Discount retailer Fred&#39;s Inc. (FRED.O: Quote, Profile, Research) on Thursday said second-quarter profit fell, hit by increased markdowns, higher diesel fuel costs and other factors, sending its shares down almost 19 percent.
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The extracts on this page are taken from selected national newspapers. The views expressed here do not necessarily reflect the views of Manchester United PLC.
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Manchester United, the world's wealthiest football club, reported a near 30-percent decline in annual profits on Monday, hit by a weaker performance on the pitch, and warned that future results would be ...
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United Airlines parent UAL Corp. suffered a loss of $274 million for the third quarter of this year, a smaller hit than it took in the same period of last year, when it lost $367 million.