|MAN UNITED LATEST
There was also an 18.7 percent rise in broadcasting revenue as a result of new rights deals agreed by the Premier League.
Spending on player and staff wages showed a €9 million increase from one year previously, representing a 16 percent rise.
The club's executive vice chairman, Ed Woodward, welcomed the growth but lamented his side's "disappointing" league position in a statement accompanying the results.
The news comes in spite of United's drop from third to fourth in the Deloitte Football Money League, having been overtaken by German giant Bayern Munich in 2013.