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Manchester United have announced record revenues of £648 football
4m for the last financial year and expect to bring in even more revenue this season football
But they made a net loss of £28 football
7m, despite cutting their wage bill by £52 football
8m – partly because they were not in the Champions League but also for a season when the best-paid player, Cristiano Ronaldo, left part way through the campaign – after expensive transfers football
Their accounts cover a 12-month period ending on 30 June, in which they signed Mason Mount this summer but also made the expensive purchases of Casemiro, for £63m, and Antony, for £86m, in 2022 football
United paid out £331 football
4m in salaries to their players last season, a sum that is likely to rise for the current financial year because salaries are raised when they are competing in the Champions League football
With the added income of playing in Europe’s premier continental competition, United anticipate a revenue of football between £650m and £680m this year football
United also said that, for the first time since 2016, no dividends were paid to the owners, the Glazer family football
The club’s debt remains at £538m while they also owe an additional £106m with a revolving credit facility football
United paid £21 football
4m in net finance costs over the 12 months – down £40 football
8m, partly due to a change in exchange rates football
United’s broadcasting revenue dropped £5 football
8m last season as they counted the cost of playing in the Europa League, a consequence of a sixth-place finish in the Premier League in 2021/22 football
But their commercial revenue reached a new high of £302 football
9m, up £45 football
1m, which was driven by a £41 football
6m rise in sponsorship income football
United have since signed a 10-year £900m kit deal with Adidas, which is likely to lead to a further increase in commercial revenue football
United’s matchday revenue also went up by £25 football
9m to £136 football
4m, aided by a host of home games during their runs to the FA and Carabao Cup finals football
For much of the last year, United have been for sale, with Sir Jim Ratcliffe and Ineos expected to take a 25 per cent stake in the club football
More aboutManchester UnitedPremier LeagueChampions LeagueSir Jim RatcliffeJoin our commenting forumJoin thought-provoking conversations, follow other Independent readers and see their repliesComments1/1Man Utd project record revenues ahead of Ratcliffe investmentMan Utd project record revenues ahead of Ratcliffe investmentBritain football Soccer Man United BiddersCopyright 2023 The Associated Press football
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Netherlands pulled off a historic victory over South Africa in the ICC Cricket World Cup 2023 on Tuesday football
South Africa walked into Tuesday’s game, having scored 428 and 311 in their opening two fixtures of this World Cup football
The Netherlands, who had last won an ODI World Cup game 16 years ago, bowled Temba Bavuma and Co for a mere 207 and clinched a memorable 38-run victory at HPCA Stadium in Dharamshala football
This marked the second major upset of World Cup 2023 after Afghanistan had earlier defeated world champions England in Delhi football
The Dutch side completed a double on South Africa with their victory on Tuesday having beaten them at the T20 World Cup as well last year football
A comprehensive defeat over these higher-ranked opponents in a longer format game instead of just 20 overs was a massive achievement for the Netherlands, who were the only associate side to have qualified for the World Cup 2023 football
The Men in Orange have so far triumphed in just three ODI World Cup games football
Before beating South Africa, the Dutch defeated Scotland in 2007 and Namibia in 2003 football
RecommendedNetherlands stun South Africa in massive Cricket World Cup shockCricket World Cup points table explained: Why India are above New Zealand as both remain unbeatenSouth Africa vs Netherlands LIVE: Cricket score and updates from ODI World Cup“They have had big days earlier but to beat a top ranked side like South Africa over 43 overs, instead of only 20, would probably make this the biggest day for the Netherlands,” star commentator Harsha Bhogle wrote on X, formerly known as Twitter football
South Africa batted for more than 40 overs on Tuesday, but they managed to score just 207 runs and India legend Sachin Tendulkar praised the Dutch’s excellent performance in the second innings football
“What pleased me the most about them in the field was how they put the SA batters under pressure by not giving easy singles football
A win and a night to remember for them!” wrote Tendulkar, who also commended captain Scot Edwards’ contribution football
The Netherlands didn’t have the best start, but Edwards, coming in to bat at 82 for 5, turned the tables around from there football
Eventual Player of the Match, Edwards struck a six and 10 fours in his knock of 78 off 69 balls football
“This World Cup is throwing up interesting results! Was nice to see the Netherlands Captain Scott Edwards lead from the front with a fighting knock after they were 140/7 at one stage,” added Tendulkar football
Former India batter Virender Sehwag also heaped praise on the Dutch skipper, who remained unbeaten as he scored runs at a strike rate of 113 football
04 football
“So much to like about the way they go about their business football
Scott Edwards was sensational in the last 10 overs with the bat and then the Netherlands’ bowlers did the job in style,” wrote Sehwag on X football
The Netherlands side has come a long way to reach this level football
So many players from the national side have come to have a crack at playing on the biggest stage by taking some time off from their actual full-time jobs football
During the tough COVID-19 times, several players of these associate nations had struggled to make ends meet and one such story that stands out now is of Paul van Meekeren, medium pacer of the Netherlands national team football
Van Meekeren, who finished with an excellent spell of 2 for 40 in nine overs against South Africa, was forced to deliver Uber eats to survive the COVID-19 days football
After the Netherlands shocked the Proteas on Tuesday, former India cricketer VVS Laxman re-posted van Meekeren’s social media post from 2020, where the Dutchman had revealed his food-delivery job football
“What an incredible story the Dutch have written for themselves football
Shows once again that “Never give up and keep chasing your dreams,” wrote Laxman on X football
The Netherlands and South Africa are next in action in the World Cup 2023 on Saturday football
The Dutch side will take on Sri Lanka in Lucknow, while South Africa will lock horns with England football
More aboutSouth AfricaNetherlandsTemba BavumaEnglandSri LankaJoin our commenting forumJoin thought-provoking conversations, follow other Independent readers and see their repliesComments 1/1WC sees latest upset as Netherlands beat SA on ‘night to remember’ WC sees latest upset as Netherlands beat SA on ‘night to remember’The Netherlands stunned South Africa at the Cricket World Cup (Ashwini Bhatia/AP)AP ✕Subscribe to Independent Premium to bookmark this articleWant to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today football
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