Man Utd financial results show profit increase after job cuts

United generated an operating profit of £32.6 million ($44 million) in the first six months of the fiscal year, compared with a £3.9 million loss for the same period last year. The operating profit for the most recent quarter, over the last three months, was £19.6 million, compared to £3.1 million in the same period last year. Those numbers come after United minority owner Jim Ratcliffe, who heads the club's football operation, oversaw a redundancy and restructuring programme that saw around 450 jobs cut.