Manchester United swung to a second-quarter net profit on the back of higher commercial revenue and lower wages, the club said on Thursday.
Net profit came in at £6.3million in the three months to Dec. 31, against a £1.4m pound loss a year earlier.
Revenue fell almost 10% to £167m, with increased commercial revenue outweighed by a drop in broadcasting revenue and lower match-day revenue because there were fewer home games than in the same period last year.
United's American owners, the Glazer family, launched a formal sale process late last year and have received several bids, including from Sheikh Jassim Bin Hamad Al Thani, British billionaire Jim Ratcliffe and Finnish businessman Thomas Zilliacus.