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Manchester United cash balance up 8.3% to £72.1m after the final quarter of 2013 [Financial Table]

BgRjDlNCIAAiqjw Manchester United cash balance up 8.3% to £72.1m after the final quarter of 2013 [Financial Table]

At least it’s good news off the pitch for Manchester United.

Old Trafford released their latest financial statements for the final quarter of 2013 and the sunny update is that profits are up.

In news that will make the Glazers happy, and could help ease any pressure from the owners on the manager, Manchester United had a 8.3% lift in the cash balance at the club of £72.1m in Q4 of 2013.

Looking slightly deeper into the numbers, matchday revenue at Old Trafford was down 3.7%, while it’s been reported that Manchester United have had an overall drop in income of 49% in last six months of 2013, however that drop was due to inflated earlier numbers stemming from a one-off tax credit the year before.

More analysis of Manchester United’s latest financials can be read below.

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