Manchester United News: Profits Plunge Predicted; Could Transfers Of Falcao, Di María Boost Premier League Hopes In 2014-2015?

Manchester United (NYSE: MANU) announced record revenues and adjusted earnings, but cautioned that both figures were set to fall in the coming year as the Premier League club counts the costs of last season's on-the-pitch failures. Revenues for the 2013-14 financial year rose by 19 percent to £433.2 million ($698.7 million). Although its profit took an 83.7 percent dive from £146.4 million ($236.1 million) in 2013 to £23.8 million ($38.4 million) this year, it can be largely attributed to a l...