Positive Profit Slide

Manchester United have seen their pre-tax profits fall from £39.3m to £27.9.m in the last year.



The club's media revenues are also expected to fall by £14 in the wake of last season's third place Premiership finish.

Operating profits have risen from £55.1m to £58.3m but the club's shares have dropped to 255p.

In a bizarre twist of logic, United's off the field slump could deter potential take over bids and save the club from the clutches of American business tycoon Malcolm Glazer.