Omar Berrada's statement as United publish their end of year financial results:
"We are pleased to have secured record revenues and adjusted EBITDA which demonstrates the underlying strength of our business, particularly in a season without European football.
"This shows the direct impact of the work we have been doing over the past two years. It also proves Manchester United’s enduring popularity and commercial strength. While these results confirm that we are on the right trajectory, we will continue to take a disciplined approach to ensure our finances remain sustainable.
"With that financial sustainability in mind, we have strengthened both our men’s and women’s teams during the summer window and our men’s team has seen the return of Champions League football to Old Trafford.
"We have also strengthened commercially and have welcomed Betway as our new Training Kit partner and SumUp as our new Sleeve partner; two excellent organisations which we are delighted to be working with, alongside our kit supplier, adidas and front of shirt partner, Snapdragon.
"Our other main area of focus is our plan to develop a new 100,000 seater stadium. We have now completed the major milestone of securing the land which will form part of the proposed location of the new stadium."
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