(Reuters) - English soccer club Manchester United said recent signings put it in a strong position on the pitch as it backed itself to match last year's record revenue off the field.
However, United forecast core profit for the current year would dip from a record of almost 200 million pounds ($270 million) in 2016-17 as its wage bill rose because of higher payments on its return to the European Champions League.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!