United said it expected 170-180 million pounds in adjusted core earnings this year after reporting a record figure of 192 million for the year ended June 30. It expects 530-540 million pounds in revenue this year, up from 515 million due to new television deals for Premier League clubs. United's fifth place finish in the Premier League last season meant the team failed to qualify for a place in the lucrative Champions League in 2016-17 and will play in the lower profile Europa League instead. The club has said that its absence from the Champions League would reduce its revenue in 2016-17 by more than 30 million pounds. United said it recorded 15.1 million pounds in exceptional charges which included 8.4 million pounds on former manager Louis van Gaal's payout.

Source: The Star September 12, 2016 11:37 UTC