Man Utd ‘rebuild’ as Champions League absence proves costly | Nasdaq

Feb 25 (Reuters)  Manchester United MANU.N are in “rebuild” mode as the English soccer club chases a return to the European Champions League, Executive Vice-Chairman Ed Woodward said after financial results were dented by the team’s absence from this season’s tournament.

Woodward has been backing United manager Ole Gunnar Solskjaer to forge a team that mixes top talent from around the world with young players from its academy.

“We are pushing for a strong finish in the Premier League, the Europa League and the FA Cup as we enter the final third of the season,” Woodward said in a statement.

“The foundation for delivering the long-term success that we are all working towards is in place as we implement our plan and our footballing vision with Ole.”

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