Record profits for United

Manchester United today posted record operating profits of £110.9m for the past financial year.

Manchester United today posted record operating profits of £110.9m for the past financial year.

The club have also recorded a record revenue of £334.1m – an increase of £45m from last year and passing £300m for the first time – according to figures for the year ended June 30, 2011.

United, who won the Barclays Premier League title and reached the Champions League final during the period, have also recorded a commercial turnover of £103.4m.

The latest results come as the club consider a plan to raise up to £614m by floating on the Singapore Stock Exchange.

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