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f126m lift for Man Utd

FOOTBALL champions Manchester United's parent company posted a full-year operating profit of £110.9m (€126m).

The English soccer champions are now planning a $1bn (€700m) initial public offering in Singapore.

Revenue at Red Football Ltd climbed 16pc to £331.4m on ticket sales, broadcast revenue and sponsorship deals. Its pretax profit was £29.7m, compared with a loss of £15m last year.