Manchester United reports first quarter operating profit

LONDON Wed Nov 14, 2012 7:14am EST

LONDON Nov 14 (Reuters) - Manchester United made a profit from continuing operations of 20.5 million pounds ($32.6 million) in the three months to end-September, the English Premier League soccer club said on Wednesday.

United, English champions a record 19 times, said its debt had fallen to 360 million pounds, down 17 percent from a year ago, following a flotation on the New York Stock Exchange in August.