Ed Woodward admitted Manchester United have had a ‘turbulent season’ season on the day the club revealed positive news from their third-quarter financial results.United missed out on Champions League qualification by finishing sixth in the Premier League, though conversely, the club continues to perform well financially.
Never say die! We continue fighting through the ups and downs no matter what, thank you for everyones support this season I know its been tough and Im sorry but we go again and we rebuild #OnToTheNextOne #KeepTheFaith pic.twitter.com/9fRfGKfeSr— Jesse Lingard (@JesseLingard) May 14, 2019The club posted revenues of 152.1 million for the quarter, up 3.4 per cent from last year, which translate into earnings before interest, tax, depreciation and amortisation (EBITDA) of 174.9million for the year to date and an operating profit of 72.1million.And United’s executive vice-chairman Woodward said: “After a turbulent season, everyone at Manchester United is focused on building towards the success that this great club expects and our fans deserve.“Preparations for the new season are under way and the underlying strength of our business will allow us to support the manager and his team as we look to the future.” On the pitch, United sacked manager Jose Mourinho in December and replaced him with Ole Gunnar Solskjaer, giving the Old Trafford legend a three-year contract.They missed out on a place in next season’s Champions League and instead had to settle for a place in the Europa League.As a result of the turbulence, it is expected that Solskjaer will overhaul his squad in an attempt to mount a more serious assault on the top four places next season.He won 14 of his first 17 matches in charge although, shortly after his appointment as permanent manager, familiar failings resurfaced as a number of players under-performed in the closing weeks of the campaign.
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