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Rob DawsonReporter
Executive Vice President Ed Woodward said Manchester United committed to success with manager Ole Gunnar Solskjaer as the club released their latest financial results.
In a statement released on Wednesday, United revealed a 16% increase in revenue to £126.5m thanks in part to supporters returning to Old Trafford following the coronavirus pandemic but in specific comments Woodward said that that’s “success on the pitch”, which is more important.
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Solskjaer’s side have lost six of their last 12 games to put pressure on the Norwegian ahead of next Saturday’s trip Watford.
“While these financial results today demonstrate our resilience through the pandemic, our top priority is success on the pitch,” Woodward said.
“The manager, the players and everyone at the club are determined to achieve that goal.”
United’s financial results for the first quarter of fiscal 2022 ending September 30, 2021 reveal a pay rise of £16.6m to £88.5m, driven mainly by investments in the squad during the season. summer with the appearance of Cristiano Ronaldo, Raphael Varane and Jadon Sancho.
There is also a £17.4m ‘intangible disposal profit’ after receiving the first from Daniel James‘ move to Leeds United and earn about 5 million euros later Romelu Lukakuswitch from Inter Milan come Chelsea due to a clause in his contract.
Sources have told ESPN that the 8% increase in commercial revenue has been driven in part by Ronaldo’s return to Old Trafford from Juventus.
Despite a strong showing off the pitch, United are struggling with it after a string of lousy results saw them drop to sixth in the Premier League. Premier League 9 points behind the top team Chelsea and 5 points behind the top team Champions League place.
Sources have told ESPN that Solskjaer will be in charge of the visit to Vicarage Road, but his long-term future is not guaranteed with games against Chelsea and Arsenal coming in the next two weeks.
