The Red Devils are currently in fourth place in the Premier League with two games remaining after the Red Devils consolidated their Champions League spot with a 2-1 win against Crystal Palace last weekend.
Louis van Gaal, who was named as David Moyes’ long-term successor last May, is set to finish his first season at Old Trafford without a trophy after disappointing campaigns in the FA Cup and League Cup.
However, United chief executive Woodward said that the 20-time English champions are anticipating a more successful 2015/16 campaign.
“Our commercial revenues were up year over year and we are raising EBITDA guidance for fiscal year 2015 from £90-£95m to £103-£110m,” Woodward said in a statement.
“As the season approaches its conclusion, we are pleased with the team’s performance in Louis van Gaal’s first season as manager and are well positioned to achieve a top four finish in the Premier League and to return to European football next year.
“As we look forward to next season, on the playing side we expect to be challenging for trophies in all competitions and on the commercial side we are excited by the numerous opportunities for further growth, including the first year of our ten year partnership with Adidas. ”
The Red Devils face Arsenal at Old Trafford in the Premier League on Saturday afternoon.
Van Gaal has already landed his first signing of the summer after United agreed a reported £25m deal to sign highly-rated PSV Eindhoven striker Memphis Depay last week.
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