Manchester United executive vice-chairman Ed Woodward insisted Thursday that the club remain committed to manager Ole Gunnar Solskjaer despite a poor start to the season.
United are languishing in 14th in the Premier League table and a fine start to their Champions League campaign came unstuck with a 2-1 defeat to Istanbul Basaksehir last week.
Woodward said this as United revealed their first quarter financial results for 2020/2021.
The English giant posted an operating loss of £27m ($36m), largely due to the loss of matchday revenue with games being played behind closed doors.
Ole Gunnar Solskjaer believes Manchester United have the squad depth to compete this season despite a lack of new arrivals in the transfer market.
Posted by Sports Tribune on Friday, 2 October 2020
Commercial revenue was also down 25% due to the club not being able to go on a pre-season tour and a fall in merchandising sales from no fans on matchdays.
However, Woodward maintained that United are committed to helping lower league clubs through the novel coronavirus crisis.
Proposals for widespread reform of English football led by United and Liverpool were dismissed by other Premier League clubs for what was deemed a power grab by the biggest clubs.
