Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
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£660m debt 
£62m repayments
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Group turnover increased 27% to £210m (2006 - £165m)
Gross turnover (including sales from Nike merchandise and MUTV not consolidated in these results) rose 21% to £245m (2006 - £202m)
EBITDA rose 72% to £79.8m (2006 - £46.3m)
Profit before tax jumped 93% to £59.6m (2006 - £30.8m)
Matchday revenue up 30% to £92.6m, (2006 - £71.3m) reflecting successful expansion of Old Trafford, increasing capacity to over 76,000
Media revenue up 35% to £61.5m (2006 - £45.5m) due to semi-final appearance in the UEFA Champions League, finalists in the FA Cup and winning the Barclays Premier League
Commercial revenues up 15% to £56.0m (2006 - £48.6m) due to the first year of the world record AIG shirt and accompanying financial services sponsorship deals, increase in the Nike contract and new platinum sponsors, Kumho Tires, Betfred and Hestiun
Wages to turnover ratio fell to 43.6% (2006 - 51.6%) comfortably within the Club's historic aim to keep the figure around 50%
The Club continues to be the only one in the Premier League to disclose the total payments in the year to players' agents - a practice it believes to be something all clubs should adopt. In 2006/07, that figure was £2.1m (2006 - £1.8m).
Independent research indicates that the Club has 333 million followers around the world with 139 million 'core' fans.
David Gill, Chief Executive, said: "This is a remarkable, record set of results. The expansion of Old Trafford, allied with the ability of Sir Alex Ferguson's team to continue to attract full houses at every game, and the increase in media and sponsorship revenues have all combined with team success to produce a substantial financial improvement.
"Group turnover was £210m, positioning the Club as a true leader in world sports, underpinned by a near doubling in pre-tax profits of £59.6m. I am confident that the uplift in the Premier League television deal, together with our new sponsorship sales structure will enable the Club to continue to increase its revenues and profitability to provide support to the team's quest for further on-field success."
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