Red Devils report €53m profit

Manchester United have reported pre-tax profits of £48.2m (€53m) for the year to June 30, 2009.

The figure includes the world record £80m (€89m) fee collected from Real Madrid for the sale of Cristiano Ronaldo and also £41.9m (€46.6m) paid out in interest on a mammoth loan of £509.5m (€567m).

Turnover was also up, from £80.4m (€89m) in 2008 to £91.3m (€101.6m) a year later.