Record profits, big losses for United

Manchester United have become the first English club to crash through the £100m profit barrier – while at the same time posting an £83.6m (€95.5m) loss.

The widely contrasting figures once again emphasise how the Red Devils remain one of the world’s most attractive sporting organisations, while at the same time showing the cost of a hugely controversial takeover by the Glazer family in 2005.

Interest payments accounted for £40m (€45.7m), while there was also a hefty one-off cost for the successful £504m (€576m) bond issue earlier this year.