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Man Utd 'committed to winning trophies' after posting record £627.1m revenues

Manchester United have announced record revenues of £627.1 million ($782m) and an operating profit of £50m ($62m) for 2019, with the club "committed to winning trophies".

A run to the Champions League quarter-finals and an increase in broadcasting revenue helped the Red Devils achieve record figures for the fiscal year.

Revenues were within the estimated range of £615m ($767m) to £630m ($786m), as noted in their Q3 results, but are expected to fall to £580m ($724m) or below in 2020 due to a lack of Champions League football.

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United are second only to Real Madrid in terms of global revenue in football, the La Liga giants having generated £662.