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MANCHESTER, England -- The wall of fame of Manchester United managers still informs Old Trafford visitors that a "new chapter has begun" under David Moyes. In reality, it was a short, painful chapter in United history that will cost around $90 million, the club disclosed on Wednesday. Although the museum display hasnt been updated, its been more than four months since Moyes was fired before completing a season as Alex Fergusons successor. The task of restoring the former glories is with Louis van Gaal, and the club told investors on Wednesday that the former Netherlands manager needs to deliver a top-three finish in the English Premier League. United executive vice chairman Ed Woodward is certain Van Gaal, who won titles with Ajax, Barcelona and Bayern Munich, has begun to reinvigorate the club. "The 2013-14 season was a very challenging and disappointing one," Woodward said. "But under Louis there is a real feeling at the training ground that we are at the start of something special. We are very excited about the future." After 26 years under Ferguson, there have been two new chapters in a year. Still searching for his first win after four matches in charge, this manager has to get it right. In its annual financial results, United said it cost 5.2 million pounds ($8.4 million) in compensation to fire Moyes and some of his coaching staff after just 10 months in charge. United, which is owned by the Glazer family and listed on the New York Stock Exchange, remains a commercial juggernaut, with 2013-14 revenue up 19 per cent to a club record 433.2 million pounds ($699 million). But the failure to qualify for Europe under Moyes by finishing seventh has led United to forecast revenue in 2014-15 to drop by 10 per cent -- around $80 million -- to as low as 385 million pounds ($619 million). "Our budgets assume a third-placed finish," Woodward said. Underlying profit is also forecast to drop from 130.1 million pounds ($210 million) to between 90 to 95 million pounds ($145 to $153 million), although the debt which angered fans after the 2005 Glazers takeover has fallen to 341.8 million pounds ($551 million). But the 20-time English champions have been spending heavily in a bid to arrest the decline, reinvesting the sponsorship revenue, which soared by 50 per cent to 135.8 million pounds ($219 million) in the year to June 30. The accounts show 78.9 million pounds ($127 million) spent on players, including the signing of Juan Mata in January for 37.1 million pounds (then $61 million). The wage bill rose by almost 20 per cent to 214.8 million pounds ($345 million). Since the end of the financial year, United has spent more than $200 million, including a British record fee of 59.7 million pounds ($99 million) to sign Argentina midfielder Angel Di Maria from Real Madrid in an attempt to improve Uniteds position. Despite the investment in foreign talent and sale of academy graduates -- including striker Danny Welbeck to Arsenal -- assistant manager Ryan Giggs said the club remains committed to youth development. At least one homegrown player has featured in every United matchday squad since 1937 -- a statistic that covered Giggs before he retired from playing this year. "The club will never change. The history of the club is to play exciting football, always give youngsters a chance," Giggs said at the SoccerEx conference in Manchester. "Danny has left, which is obviously disappointing because you never want to see a homegrown player leave ... but we have got to make sure young players come through because United fans demand it." But there will soon be further sponsorship cash to spend on transfers. Next years accounts will reflect the start of the seven-year $559 million shirt sponsorship with Chevrolet, but an Adidas kit deal, worth potentially 75 million pounds ($121 million) a year, doesnt start until 2015-16. "Commercially, we continue to go from strength to strength," Woodward said. Wholesale NFL Jerseys . -- New England Patriots owner Robert Kraft wanted to keep Logan Mankins with the team for a long time. Wholesale Basketball Jerseys . Mueller is the grandson of the late Ron Lancaster, the Hall-of-Fame quarterback and longtime head coach in the CFL. Last season, Mueller was quarterbacks coach of the University of Regina Rams, his alma mater. http://www.nbajerseyschinawholesale.com/. -- Coyotes coach Dave Tippett thinks of one thing when he watches Eastern Conference teams struggle against Western opponents before they get to Phoenix: His team must keep pace. Wholesale NBA Jerseys . Juventus announced details of the deal Saturday, saying that Morata signed a five-year contract with the club. The deal also includes an option for Madrid to buy Morata back for up to (euro)30 million ($40. Cheap NFL Jerseys China . Mars announced Saturday that the Rock and Roll Hall of Famers will join him as part of his halftime show. Super Bowl halftime performers often have collaborators.DALY CITY, Calif. - After a whirlwind week featuring a multitude of celebrations that included her first LPGA Tour victory as a pro, Lydia Ko planned to sleep late Monday before catching a San Francisco cable car for a little bit of sightseeing. What a successful, memorable trip she had to the Bay Area. Ko turned 17 and had "Happy Birthday" sung to her at the first tee box to kick off the inaugural Swinging Skirts LPGA Classic, earned a spot as one of the 100 most influential people in the world by TIME magazine, and captured her first LPGA Tour title as a professional — all while playing with a fill-in caddie from the local club. "Normally they would say sweet 16, but I would say its sweet 17," Ko said. "I dont think I could have any better birthday week." Poised and unflappable, Ko made the perfect pitch up to the green from the rough to birdie the final hole Sunday, holding off Stacy Lewis and Jenny Shin for her third LPGA win in all. It went down to the final shots, and the teen made a 6-foot birdie putt moments before Lewis knocked in a 4-footer of her own to finish one stroke back. After beginning the day a stroke behind Lewis, Ko birdied three of her final four holes on the front nine on the way to a 3-under 69 and 12-under 276 total at Lake Merced. Ko earned $270,000, celebrating on the 18th green three days after celebrating her birthday at the first tee box with the gallery singing "Happy Birthday." Ko, born in South Korea and raised in New Zealand, will move up two spots to No. 2 in the next world ranking. Her father, G.H., got to see her win Sunday. "Tears nearly ran down my face. You may lose friends, but youre always going to have your parents," Ko said. "I try to make myself not cry of happiness, but it was coming to that point." She won the Canadian Womens Open as an amateur the last two years and took the Swinging Skirts World Ladies Masters in December in Taiwan in her second start as a professional. She has six victories in pro events, also winning in Australia and New Zealand. All three of Kos LPGA wins have come on courses most of the other golfers also played for the first time. The third-ranked Lewis finished with a 71 for her sixth runner-up finish since winning the Womens British Open in August. She will head to her home state of Texas next week loooking to build on a disappointing near miss in which she struggled all day with her short game.dddddddddddd "I knew she wasnt going away. Lydia played great," Lewis said. "Every time I hit a shot in there, she answered." Shin, still looking for her first tour win after her best finish this year, had a 68 to finish two shots behind. "They were fearless," Shin said about her playing partners, "They just went for it." Playing together for the fourth straight day, neither Ko nor Lewis hit any dazzling shots early. Kos second of three bogeys came on the 417-yard, par-4 seventh in which her tee shot hit a tree and dropped in the rough. Lewis 10-foot birdie putt on No. 9 lipped out. Ko pulled into a first-place tie at 10 under as they made the turn on a picture-perfect spring day, then took the lead with a birdie on No. 13. Lewis went in the bunker, missed the green and two-putted for bogey to fall two back. "The front nine, I did everything I wanted to do, the putts just didnt go in," Lewis said. "I expected her to do exactly what she did today. ... She hit every shot she needed to make from 13 on in." There were two holes-in-one Sunday: Jimin Kang on the 164-yard third and Dewi Claire Schreefel with a 7-iron on the 157-yard 12th hole that earned her a $100,000 prize from China Trust Bank. The weather held for the final day after fog and rain delays earlier in the tournament. This event was the LPGAs first in the Bay Area since the 2010 CVS/pharmacy LPGA Challenge at Blackhawk in Danville. Organizers and club officials are optimistic about keeping the tournament at Lake Merced. Donna Lowe, Lake Merced general manager, hopes an announcement would come within a month to begin planning for 2015. San Francisco Mayor Ed Lee has spoken with Swinging Skirts Chairman Johnson Wang, while Lowe has received positive feedback from LPGA Commissioner Michael Whan, players and their caddies. "So far, its just been amazing and very positive and uplifting," Lowe said of the feedback. DIVOTS: Michelle Wie, who won last week in her home state of Hawaii, tied for ninth at 2 under. Second-ranked Suzann Pettersen shot a 70 to finish at 3 over in her first event since last month after missing three tournaments with a back injury. Top-ranked Inbee Park tied for fourth at 6 under. ' ' '