Ed Woodward announced the club's latest figures on MondayManchester United have announced their net debt has increased by almost £140m in their latest financial figures, even after posting another revenue increase for the first quarter of 2019-20. United have posted revenues of £135.4m for the first quarter of 2019-20 which represents a £400,000 increase on the same period for the previous year. Broadcasting revenue for the quarter was £32.9m, a 23.1 per cent and £9.9m drop on the same quarter the year before. 2:57 FREE TO WATCH: Highlights from Manchester United's win over Brighton in the Premier League FREE TO WATCH: Highlights from Manchester United's win over Brighton in the Premier League"We have a clear vision in terms of football philosophy and recruitment," Woodward said. "Our ultimate goal is to win trophies by playing exciting football with a team that fuses graduates from our academy with world-class acquisitions."

Source: Sky sports November 18, 2019 12:56 UTC