What Man Utd chief Ed Woodward is expected to tell investors in crunch conference call
Manchester United executive vice-chairman Ed Woodward will address investors in his latest conference call on Wednesday. Woodward, who does not speak in public regularly, will be required to give his latest update on the club to investors.
The club chief will lay out the club’s end-of-year financial results and lay bare the true impact of the COVID-19 pandemic on club finances.
Woodward was open about the potential damage of the crisis on the club in his last update, although he highlighted the club was in a stronger position than many.
After a hectic summer with several transfers, but a failure to land Jadon Sancho, he will give a trading update and tell club investors the state of play.
Woodward’s latest statement on the club will come after Ole Gunnar Solskjaer guided his side to a stunning 2-1 win over Paris Saint-Germain in their Champions League opener on Tuesday night.
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A late Marcus Rashford strike gave Solskjaer’s side an unexpected win in the French capital to get their return to the European top table off to a dream start.
Last season’s top four finish to return to the Champions League has lucrative rewards for United and is sure to contribute to the news Woodward delivers to investors.
After the game, Rashford hailed his side for their display but claimed they do need to work on their decision making in attack moving forwards.
“I thought we did well today in stages,” Rashford told MUTV.
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“Some of the decision-making in the first half and even in the second half was poor in the final third – that’s one thing we can work on and improve on.
“The manager got it spot on today. The system allowed us to express ourselves going forward but also to be tight defensively, which I think we did as well as we could have.
“I think it’s a big win but we’ve got a lot to build on and improve on as well.”
Solskjaer added on BT Sport: “It’s a different feeling, it’s at the start of the group stage but we’ve beaten a fantastic team.
“Last time it was a knockout and it was euphoric, this is sterile without the fans but the players were excellent and we deserved to win.
“When you go away to a team like this against Neymar and Mbappe, top players in the world, you have to defend well and your keeper will have to make saves. Axel Tuanzebe is a top defender and his first game in 10 months was testament to the quality he has.
“Bruno missed two penalties in a row but of course he’s not going to stop taking them – you need focus and character and Bruno showed that again.
“We know that to get through we need 10 points to get through, we have three, so next week’s game against Leipzig is very important. Then we have Chelsea and Arsenal. There are so many games.”
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