Mixed success on the pitch but Man Utd scored financial turnaround in 2015-16

Man Utd3

By David Owen

September 12 – The impact of a new kit deal with Adidas combined with reduced finance costs as a consequence of a refinancing of the club’s sizeable debt have triggered a turnaround in Manchester United’s financial fortunes. The Old Trafford club today kicked off the 2015-16 Premier League full-year financial reporting season by unveiling a pre-tax profit of £48.8 million for the year to June 30. This compared with a prior-year loss of £3.6 million.

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Webb eventually banned but investigations continue into the wider web

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By Andrew Warshaw

September 9 – It will hardly come as a surprise since he was not planning on making a comeback. The question is, why did it take so long? The life ban imposed last week on former FIFA vice-president and CONCACAF boss Jeffrey Webb, the toughest possible FIFA sanction, was the final damaging blow to the Cayman Islands banker who was once held up a bastion of fair play and touted as a possible president of world football’s governing body.

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