Man Utd face £30m drop in income

Manchester United executive vice-chairman Ed Woodward has revealed a failure to secure European football will cost the club more than £30m. United's seventh-placed finish was their worst since the 1989-90 season. Speaking to investors, Woodward also touched on United's managerial vacancy, saying: "We are focused on bringing in a manager. An announcement will be made in due course." He added the club was in "a healthy position to invest in the squad." United'soor season costs David Moyes his job as manager.