Manchester United project record revenues ahead of Jim Ratcliffe investment
Manchester United have announced record revenues of £648.4m for the last financial year and expect to bring in even more revenue this season. But they made a net loss of £28.7m, despite cutting their wage bill by £52.8m – 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. 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. United paid out £331.4m 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. With the added income of playing in Europe’s premier continental competition, United anticipate a revenue of between £650m and £680m this year. United also said that, for the first time since 2016, no dividends were paid to the owners, the Glazer family. The club’s debt remains at £538m while they also owe an additional £106m with a revolving credit facility. United paid £21.4m in net finance costs over the 12 months – down £40.8m, partly due to a change in exchange rates. United’s broadcasting revenue dropped £5.8m 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. But their commercial revenue reached a new high of £302.9m, up £45.1m, which was driven by a £41.6m rise in sponsorship income. United have since signed a 10-year £900m kit deal with Adidas, which is likely to lead to a further increase in commercial revenue. United’s matchday revenue also went up by £25.9m to £136.4m, aided by a host of home games during their runs to the FA and Carabao Cup finals. 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. Read More Lauren James to miss England’s games against Belgium with concussion Manuel Akanji: Manchester City are ready to win the derby at Old Trafford Esme Morgan pleads for patience and politeness from England’s autograph hunters
1970-01-01 08:00
Model thanks Andrew Tate after she slept with 300 people in one year
A woman has given Andrew Tate a special shoutout in a new video, after the controversial influencer raised her profile and led to a surge in new OnlyFans subscribers. It comes after a story was posted about the Australian model Annie Knight was posted on social media in which she claimed she slept with 300 people in a year. Tate responded to the story on Twitter/X with the comment “haram”, meaning forbidden in Islamic law. You might think Tate should have kept his nose of the whole business, but his attention has resulted in a windfall for Knight. Thanking him for inadvertently lining her pockets, Knight posted a video saying: “Andrew Tate reposted me on his Twitter and I've made $56,000 this week because of him.” The 26-year-old previously stated that she was making around $30,000 per month at the start of the year, but thanks to Tate that number is now expected to be higher. The story Tate was responding to saw Knight open up about her sex life, saying that she uses dating apps to meet new people. @annieknight78 Thanks Mr Tate ❤️ She spoke about sleeping with both men and women in an interview with Unilad, saying: "I think they both offer different things. "I think women know a way around a woman’s body a lot better for obvious reasons, but there’s something about sleeping with a man that’s intense and passionate.” She added: ”So basically, they both have their pros and cons, I don’t think I could pick one over the other." It’s the most recent headline made by Tate, after he and his brother Tristan called out Jordan Peterson for encouraging war as the conflict between Israel and Palestine continues. In a recent stream, the controversial brothers, who consider themselves anti-war, smoked and played chess as they branded Peterson a 'hypocrite'. "I find it extremely asinine and quite childish, hypocritical, and also disingenuous that people like Peterson would call for the genocide and call for war, when truthfully he would hate to be anywhere near a war", the former kickboxer blasted. Sign up for our free Indy100 weekly newsletter How to join the indy100's free WhatsApp channel Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings
1970-01-01 08:00
Factbox-Maine town of Lewiston the scene of latest in a series of US mass shootings
A gunman on Wednesday left multiple casualties after opening fire at a bar and a bowling alley in
1970-01-01 08:00
Assessing Israel's overnight raid of the Gaza Strip
Israel's manoeuvre has been described as "a tactical operation", meaning it was limited in scope.
1970-01-01 08:00
Sandro Tonali’s reported ban brings calls for ’empathy and support’ from charity
Asking a footballer who is addicted to gambling to play in stadiums plastered in betting logos is akin to making an alcoholic work in a pub, campaigners have said. The Big Step campaign, part of the Gambling With Lives charity, has said Newcastle midfielder Sandro Tonali deserves “empathy and support” for his gambling rather than a 10-month ban. Italian football federation (FIGC) president Gabriele Gravina said on Thursday the 23-year-old had been suspended for 10 months and ordered to undertake a further eight-month rehabilitation programme, according to reports in Italy. The player’s agent, Giuseppe Riso, has said his client is living with a gambling addiction. The PFA is understood to be working with and continuing to support Tonali. “Footballers are human and if they are suffering from addiction they deserve empathy and support, not lengthy bans,” the Big Step said in a statement issued to the PA news agency. “Every football game is wall-to-wall with gambling ads, not just across shirts but around stadiums and related media content. “Sending someone addicted to gambling into this environment is like sending an alcoholic to work in a pub. If you force young footballers to endorse addictive products then don’t be surprised if they use them. “Ending all gambling advertising and sponsorship in football, including all parts of the shirt and in every stadium, will help to prevent harm to those on and off the pitch.” Gravina told reporters: “An agreement has been reached between the federal prosecutor and Sandro Tonali. “The plea agreement is for 18 months, of which eight months is for rehabilitation, which involves therapeutic activity and making at least 16 public appearances. “The rules call for a certain number of years of suspension, but the plea bargain and extenuating circumstances have been taken into consideration and the players’ collaboration went above and beyond, therefore we must continue to respect the rules we have established for ourselves.” Tonali was one of several players named in the FIGC’s investigation, which also saw Juventus midfielder Nicolo Fagioli banned for seven months. Read More It doesn’t add up – North Wales Crusaders chief on IMG’s new grading system England ‘at end of cycle’ in ODIs – Michael Atherton England bowled out for just 156 in must-win World Cup clash with Sri Lanka
1970-01-01 08:00
Marlboro maker cuts profit forecast as smokers swap to cheaper brands
Tobacco giant Altria Group cut its annual profit forecast on Thursday as more smokers swapped its higher priced
1970-01-01 08:00
Could David de Gea actually rejoin Man Utd as a free agent?
The truth behind reports suggesting a potential return to Manchester United for goalkeeper David de Gea. The 32-year-old left the club on a free transfer in the summer and remains unemployed.
1970-01-01 08:00
Barcelona vs. Real Madrid live stream, schedule preview: Watch LaLiga online
Both Barcelona and Real Madrid were victorious in the Champions League this week and they face eachother in La Liga on Saturday.
1970-01-01 08:00
Top Wind Firm’s Profits Fall Even as Clean Energy Booms in China
Xinjiang Goldwind Science & Technology Co., the largest wind-turbine maker, said profit plunged as a price war continues
1970-01-01 08:00
How delay to Israel offensive benefits US
Washington hopes to use a delay in Israel's incursion into Gaza to shore up protection for its interests.
1970-01-01 08:00
Is Liverpool vs Toulouse on TV? Channel, time and how to watch Europa League
Liverpool will be looking to maintain their perfect start to the Europa League campaign with a third successive victory in the competition against Toulouse. Jurgen Klopp’s side have won both their matches so far in the competition and will have had sufficient time to recover for the fixture from their 2-0 win over Everton in the Merseyside derby on Saturday. With another home match coming on Sunday against Nottingham Forest, Klopp may decide to rotate his players across the two fixtures. Toulouse are unbeaten in the group, having lost one and won one from their opening two games. Here’s everything you need to know about the fixture: When is Liverpool vs Toulouse? The match will take place on Thursday October 26 at 8 pm BST (9pm CEST) How can I watch it? Liverpool vs Toulouse will be shown live on TNT Sports 1 streamed live through the Discovery + app with coverage starting at 7.45 pm. Team news Cody Gakpo is set to return after injuring his knee in the defeat to Tottenham but Andy Robertson could be out until the new year after undergoing surgery. Kostas Tsmikas is expected to continue in his place.Ibrahima Kounate returned to the starting XI against Everton, but he has only just returned from injury and Klopp might not want to risk him twice in less than a week. Predicted Liverpool line up: Liverpool XI: Alisson, Alexander-Arnold, Matip, Van Dijk, Tsimikas, Elliott, Endo, Gravenberch, Diaz, Jota, Nunez Odds Liverpool 1/6 Draw 13/2 Toulouse 11/1 Prediction Liverpool might concede early as they have done a few times this season, but will have enough to overcome the Ligue 1 side. Liverpool to win 3-1. Read More Former Everton boss David Moyes pays tribute to ‘wonderful man’ Bill Kenwright Liverpool set for boost as Cody Gakpo in line to make return against Toulouse Van Dijk holds key to trophy hopes - is he still the best centre-back around? Everton boss Sean Dyche pays tribute to ‘amazing servant’ Bill Kenwright Build from the front? Liverpool and Jurgen Klopp are repeating an old trick Jurgen Klopp knows Liverpool must shoulder the burden of Andy Robertson’s injury
1970-01-01 08:00
Israel Latest: Army Briefly Raids Gaza as Airstrikes Continue
Israel’s military said it made a limited ground raid into northern Gaza with infantry and tanks, before withdrawing,
1970-01-01 08:00
