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By Ted Cruz
Israel saves its enemies; Hamas endangers its friends
Topic - Ed Woodward
Failure to qualify for the Champions League is expected to cost Manchester United about $60 million, although the club said Thursday it has the financial power to reinforce the squad following its worst Premier League season.
After conceding Manchester United was enduring a "disappointing" season, vice chairman Ed Woodward indicated on Wednesday that a significant overhaul of the struggling squad will come in the summer.
English soccer champion Manchester United PLC projected Wednesday that it will generate more than $660 million this season after breaking its revenue record while winning a 20th league title.
"People know him as a larger-than-life character but I have also been extremely impressed by his intelligence, thoughtful approach to the role and his diligence."
"Everyone is very excited about this new phase in the club's history," United vice-chairman Ed Woodward said.