David Gill believes the future is 'promising' for Manchester United after the club announced an increase in profits.
In the first full year of the Glazer era at Old Trafford, The Red Devils saw turnover rise from £157.2million to £165.4million for the year ending 30th June 2006.
The current Premiership leaders also reported a pre-tax operating profit of £30.8million, compared to a figure of £10.8million for the previous 12 months.
And with a new television deal to start next season, United chief executive Gill is expecting the numbers to stay on the increase.
"In the course of the next two years, I expect the club's revenues to show dramatic growth, due to a combination of increased stadium capacity and greater sponsorship and television income," said Gill.
"The club are in a very healthy position. Our attendances are now the envy of European, not just UK football, and with a burgeoning season ticket waiting list, watching United at Old Trafford is still in great demand.
"The future is promising for the club. We continue to operate by budgeting sensibly and managing our affairs through stable business practices.
"Success on the pitch will always be a driver for success off it and from this base, the club are healthily placed to begin a period of renewed growth."
United's borrowings, however, also rose from £580million to £660million, although this was part of a restructuring programme which has been attributed to 'good housekeeping'.