Manchester United announced record revenue on Thursday after a successful season in which they won the Europa League and the League Cup and qualified for the Champions League .
The Old Trafford club earned revenues of £ 581 . 2 million ($ 783 million , 659 million euros) in the 12 months to the end of June and made an operating profit of £ 80. 8 million .
Debt , linked to the purchase of the club by the Glazer family , dropped to £ 213 . 1 million from £ 260 . 9 million a year previously .
The Premier League joint leaders , managed by Jose Mourinho , expect simliar revenues during the current financial year.
Earlier this year , financial analysts Deloitte revealed United had returned to the top of football’ s rich list for the first time since 2005 , supplanting Real Madrid thanks to revenues of £ 515 million .
“We concluded a successful 2016 /17 season with a total of three trophies ( including the Community Shield ) and a return to Champions League football, ” said executive vice chairman Ed Woodward.
“We are pleased with the investment in our squad and look forward to an exciting season. ”
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