Football: United book room to expand
Tuesday 31 March 1998
Martin Edwards, United's chief executive, also said the club hope to expand Old Trafford, already the largest ground in the Premiership, well beyond its 55,000 capacity.
As Sharp signed a two-year deal, worth more than pounds 6m, to continue its shirt sponsorship, United announced an 11 per cent rise in profits before transfer fees to pounds 17.5m for the six months to January. The increase in earnings comes despite a pounds 1.5m rise in players' wages due to new contracts for players such as Andy Cole, and a slump in replica shirt sales. However the cost of signing Henning Berg for pounds 5.5m from Blackburn Rovers meant pre-tax profits fell by nearly a quarter to pounds 14.9m.
Some of those profits will be spent on new seven-year contracts for the Neville brothers, while discussions with David Beckham, Paul Scholes and Nicky Butt are ongoing. United are also launching their own TV channel, MUTV, in partnership with BSkyB and Granada.
Latest in Sport
Phil Hughes head injury: Cricket world reels as Australian opener fights for his life
Robin van Persie says it's 'still possible' for Manchester United to win the Premier League title this season, but admits it will be 'very hard'
Sam Wallace: Players of Suarez’s standing just don’t sign for clubs like Liverpool
Lionel Messi transfer news: Manuel Pellegrini dismisses £200m Manchester City move for Barcelona star as 'rumours and only rumours'
Manchester United named Premier League's loudest fans despite late push by Chelsea according to 'Smart Meter' app
- 1 Tamir Rice: 12-year-old boy playing with fake gun dies after being shot by Ohio police
- 3 Bill Cosby: Isn’t it obvious why his accusers have stayed silent up until now?
Rochester by-election: Ukip gains second MP as Tory defector Mark Reckless holds seat
'Beast of Bolsover' Dennis Skinner takes Ukip MP Mark Reckless to task moments after he is sworn in
Rochester by-election: Labour MP Emily Thornberry resigns after posting white van and England flags tweet
The young are the new poor: Sharp increase in number of under-25s living in poverty, while over-65s are better off than ever
Revealed: How the world gets rich – from privatising British public services
Exclusive: UK approved £7m Israeli arms sales in six months before Gaza conflict
Excellent Salary: Austen Lloyd: CHESHIRE MARKET TOWN - An exciting and rare o...
Excellent Salary : Austen Lloyd: NORTH HAMPSHIRE - SENIOR POSITION - An exciti...
£29000 per annum: Recruitment Genius: A Gas Installation Engineer is required ...
£28000 per annum: Recruitment Genius: A Domestic Gas Technical Surveyor is req...