Ed Woodward has admitted Manchester United suffered a 'turbulent season' but reassured supporters preparations have already begun for the 2019-20 campaign.
United finished sixth in the Premier League and were ejected from the Champions League and FA Cup at the quarter-final stage after they ended the summer transfer window without two of their priority targets.
Woodward sacked previous manager Jose Mourinho in December and, despite a prolonged managerial bounce under Ole Gunnar Solskjaer which included 14 wins from 17, United ended the campaign with two victories from their last 12 fixtures and failed to qualify for the Champions League.
Some supporters have scapegoated Woodward as the common factor in United's unsuccessful post-Sir Alex Ferguson era and the executive vice-chairman is due to host a conference call on Thursday following the release of the club's third quarter results.
In a statement issued ahead of the call, Woodward said: "After a turbulent season, everyone at Manchester United is focused on building towards the success that this great club expects and our fans deserve.
"Preparations for the new season are underway and the underlying strength of our business will allow us to support the manager and his team as we look to the future."
Senior club sources have told the MEN the strength of United's business model means the club has the financial resources to back Solskjaer in the summer transfer window, which opened today.
The highlights listed for the last three months were as follows:
- Ole Gunnar Solskjær appointed as permanent manager on a three year contract
- Manchester United Women promoted to Women’s Super League, winning the FA Women’s Championship title
- Announced global partnership with Marriott
- Announced global partnership and licensing agreement with Maui Jim eyewear
The quarter three revenues were up £152.1million, a 3.4 per cent increase on last year that was driven mostly by increased broadcasting revenues.
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