Manchester United calls for patience as on-field woes darken earnings outlook

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Manchester United calls for patience as on-field woes darken earnings outlook Globe_Sports

Executive vice-chairman Ed Woodward, seen here, called for patience, and said the club was building for long-term success.Manchester United forecast annual revenue would fall for the first time in five years after its failure to qualify for this season’s UEFA Champions League, but backed manager Ole Gunnar Solskjaer is to rebuild the English soccer club.

The team endured a turbulent season in 2018-19 that prompted the departure of manager Jose Mourinho before they finished sixth in the domestic league under former United striker Solskjaer. Woodward has come under fire as several big-money signings and a trio of managers have underperformed since Ferguson’s retirement in 2013, the last time United won the league title.

 

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