Record Profits For United

Manchester United today posted record operating profits of £110.9million for the past financial year.

The club have also recorded a record revenue of £334.1million - an increase of £45million from last year and passing £300million for the first time - according to figures for the year ended June 30, 2011.

United, who won the Barclays Premier League title and reached the Champions League final during the period, have also recorded a commercial turnover of £103.4million.

The latest results come as the club consider a plan to raise up to £614million by floating on the Singapore Stock Exchange.