Exhibit 99.1

RED FOOTBALL LIMITED

Second Quarter and Year to Date Results

Fiscal Year Ended 30 June 2015

Bond Group Parent: Red Football Limited

Bond Issuer: MU Finance plc

13 February 2015

CONSOLIDATED FINANCIAL STATEMENTS

The summary financial information provided overleaf has been derived from the unaudited interim consolidated financial statements of Red Football Limited as at and for the three and six months ended 31 December 2014 and 2013, which have been prepared in accordance with International Financial Reporting Standards (“IFRSs”), as issued by the International Accounting Standards Board (“IASB”) and IFRS Interpretations Committee (“IFRS IC”) interpretations.

CONSOLIDATED INCOME STATEMENT - UNAUDITED

	Three months ended 31 December				Six months ended 31 December
	2014 £’000		2013 £’000		2014 £’000		2013 £’000
Commercial revenue	46,441		42,296		103,187		102,153
Broadcasting revenue	28,384		46,923		45,195		66,253
Matchday revenue	30,936		33,708		46,049		53,042
Total revenue	105,761		122,927		194,431		221,448

Employee benefit expenses	(48,724	)	(51,604	)	(98,076	)	(104,499	)
Other operating expenses	(14,631	)	(19,712	)	(33,618	)	(43,100	)
Operating profit before depreciation, amortization, exceptional items, and profit on disposal of players’ registrations (“adjusted EBITDA”)	42,406		51,611		62,737		73,849
Depreciation	(2,560	)	(2,085	)	(4,896	)	(4,068	)
Amortization	(27,046	)	(13,418	)	(48,223	)	(25,322	)
Exceptional items	—		(293	)	—		(293	)
Operating profit before profit on disposal of players’ registrations	12,800		35,815		9,618		44,166
Profit on disposal of players’ registrations	1,432		846		19,760		1,842
Operating profit	14,232		36,661		29,378		46,008
Net interest payable on loans, deferred element of terminated interest rate swap and unwinding of discount factors	(1,405	)	(629	)	(3,694	)	(1,283	)
Interest payable on secured term loan and senior secured notes	(5,249	)	(4,656	)	(10,334	)	(9,572	)
Amortization of issue discount and debt issue/finance costs	(540	)	(331	)	(1,062	)	(627	)
Foreign exchange gains/(losses) on US dollar bank accounts	—		318		—		(2,696	)
Fair value movement on derivative financial instruments	1,154		(665	)	2,478		(1,550	)
Ineffectiveness on cash flow hedges	(201	)	248		234		248
Net finance costs	(6,241	)	(5,715	)	(12,378	)	(15,480	)
Profit before tax	7,991		30,946		17,000		30,528
Tax expense	(5,180	)	(13,175	)	(10,311	)	(10,759	)
Profit for the period	2,811		17,771		6,689		19,769

INTERIM CONSOLIDATED BALANCE SHEET - UNAUDITED

		As at 31 December
	Note	2014 £’000	2013 £’000
ASSETS
Non-current assets
Property, plant and equipment		254,398	256,511
Investment property		13,615	13,728
Goodwill		421,453	421,453
Players’ registrations and other intangible assets		270,061	132,123
Derivative financial instruments		857	1,013
Trade and other receivables	1	—	141
		960,384	824,969
Current assets
Derivative financial instruments		544	201
Trade and other receivables	1	689,740	682,901
Cash and cash equivalents		36,887	71,930
		727,171	755,032
Total assets		1,687,555	1,580,001

EQUITY AND LIABILITIES
Equity
Share capital		—	—
Capital contribution reserve		474,203	474,203
Hedging reserve		7,406	24,446
Retained earnings		434,936	428,343
		916,545	926,992
Non-current liabilities
Derivative financial instruments		1,612	1,864
Trade and other payables	2	47,181	14,829
Borrowings		374,034	341,121
Deferred revenue		14,260	12,828
Deferred tax liabilities		24,084	22,184
		461,171	392,826
Current liabilities
Derivative financial instruments		617	1,048
Current tax liabilities		2,399	5,560
Trade and other payables	2	171,945	107,647
Borrowings		6,447	15,438
Deferred revenue		128,431	130,490
		309,839	260,183
Total equity and liabilities		1,687,555	1,580,001

INTERIM CONSOLIDATED STATEMENT OF CASH FLOWS — UNAUDITED

	Three months ended 31 December				Six months ended 31 December
	2014 £’000		2013 £’000		2014 £’000		2013 £’000
Cash flows from operating activities
Profit before tax	7,991		30,946		17,000		30,528
Depreciation	2,560		2,085		4,896		4,068
Impairment	—		293		—		293
Amortization	27,046		13,418		48,223		25,322
Profit on disposal of players’ registrations	(1,432	)	(846	)	(19,760	)	(1,842	)
Net finance costs	6,241		5,715		12,378		15,480
Loss/(profit) on disposal of property, plant and equipment	1		(43	)	5		(43	)
Foreign exchange (gains)/losses on operating activities	(321	)	367		(948	)	367
Other fair value losses/(gains) on derivative financial instruments	577		34		1,211		(126	)
Reclassified from hedging reserve	(1,196	)	(330	)	(2,391	)	(518	)
(Increase)/decrease in trade and other receivables	(20,446	)	(3,936	)	51,663		(3,400	)
Decrease in trade and other payables and deferred revenue	(55,441	)	(44,086	)	(63,479	)	(33,401	)
Decrease in provisions	—		(1,315	)	—		(1,475	)
Cash (used in)/generated from operations	(34,420	)	2,302		48,798		35,253
Interest paid	(4,500	)	(4,818	)	(13,229	)	(13,964	)
Debt finance costs paid relating to borrowings	42		(104	)	(824	)	(123	)
Interest received	40		48		89		107
Tax paid	(124	)	(759	)	(887	)	(1,246	)
Net cash (used in)/generated from operating activities	(38,962	)	(3,331	)	33,947		20,027
Cash flows from investing activities
Purchases of property, plant and equipment	(1,851	)	(2,785	)	(3,793	)	(6,878	)
Proceeds from sale of property, plant and equipment	—		50		—		50
Purchases of players’ registrations and other intangible assets	(15,565	)	(3,837	)	(86,867	)	(37,287	)
Proceeds from sale of players’ registrations	1,273		401		16,716		7,056
Net cash used in investing activities	(16,143	)	(6,171	)	(73,944	)	(37,059	)
Cash flows from financing activities
Proceeds from borrowings	—		—		4,704		—
Repayment of borrowings	(102	)	(96	)	(199	)	(187	)
Loan to parent undertaking	—		(411	)	—		(592	)
Net cash (used in)/generated from financing activities	(102	)	(507	)	4,505		(779	)
Net decrease in cash and cash equivalents	(55,207	)	(10,009	)	(35,492	)	(17,811	)
Cash and cash equivalents at beginning of period	90,047		83,384		66,158		94,200
Foreign exchange gains/(losses) on cash and cash equivalents	2,047		(1,445	)	6,221		(4,459	)
Cash and cash equivalents at end of period	36,887		71,930		36,887		71,930

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS - UNAUDITED

1. Trade and other receivables

	As at 31 December
	2014 £’000	2013 £’000
Net trade receivables	34,226	18,096
Receivables owed by group undertakings	606,023	614,114
Other receivables	425	217
Accrued income	41,049	37,200
	681,723	669,627
Prepayments	8,017	13,415
	689,740	683,042
Less: non-current portion:
Trade receivables	—	141
Non-current trade and other receivables	—	141
Current trade and other receivables	689,740	682,901

2. Trade and other payables

	As at 31 December
	2014 £’000	2013 £’000
Trade payables	119,933	39,623
Payables owed to group undertakings	49,054	40,473
Other payables	8,154	14,242
Accrued expenses	35,330	20,999
	212,471	115,337
Social security and other taxes	6,655	7,139
	219,126	122,476
Less: non-current portion:
Trade payables	46,625	6,955
Other payables	556	7,874
Non-current trade and other payables	47,181	14,829
Current trade and other payables	171,945	107,647