Manchester United's profits dip as player sales dry up


LONDON: Profits at Manchester United fell by a third at the half-year stage due to lower gains from player sales, but the Premier League club said they were well placed for the future both on and off the field. 

The world’s richest football club reported pre-tax profits for the six months to Jan 31 of £20.3mil (US$32.08mil), with the fall due largely to one-off profits on the sale of Jaap Stam to Lazio and Andy Cole to Blackburn in the previous reporting period. 

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