Richard Arnold is Managing Director at Manchester United PLC. A corresponding press release containing our financial results was issued earlier this morning and can be accessed on our IR website. And with that, I'll hand the call back to the operator and we are now ready to take your questions.
Today's call is being recorded and webcast and a replay will also be available on our site for 30 days thereafter.
Turning to the key items in the results. The next phase, that's planned for the app will be around growing at scale, and that is something that in conjunction with the work that we're doing on the -- obviously the existing social media platforms or on our TV audiences around the world as part of that integrated solution, obviously that engagement and its scale do provide opportunities for commercialization. And finally we are shortly approaching a milestone 4,000 first-team consecutive competitive game featuring an Academy player in the Matchday squad. Rm Williams Tj787,
Amortization cost was GBP32.2 million for the fiscal quarter, a decrease of GBP2.9 million versus the prior fiscal year. Rebecca John Advocate, [Operator Instructions] The first question today will come from Randy Konik of Jefferies. Mauricio Pochettino is still hopeful of getting the Manchester United manager job next season, according to The Mirror.
We will now begin the question-and-answer session. I'll now hand you over to our Group Managing Director, Richard Arnold, who will update you on the key business activities. Any such estimates or forward-looking statements should be considered in conjunction with the cautionary note included with our earnings release as well as various other risk factors, discussions in our prior filings with the SEC. Head of Football Medicine and Science . Was the Scot's first-team coach from 2001 and then assistant from 2008 to 2013. Net debt at the period end was GBP384.5 million, an increase of GBP137.3 million compared to the prior year due to the lower cash balances and also the impact of unfavorable foreign exchange movements on our US dollar denominated debt. Scorpio Horoscope Uk, Yellow Anaconda Weight,
Profit on disposal of the GBP12 million in the period is primarily due to the sale of Romelu Lukaku to Inter Milan. Barca's Dest, De la Fuente play 'Never Have I Ever', Arteta has Arsenal on course to return to former glories before United, Bale announces his Spurs second coming in match marred by controversial VAR decisions, Premier League VAR controversies rated: Pickford, Maguire, Dier, USWNT camp a culmination of Vlatko Andonovski's year of adapting and planning, Schelotto's LA Galaxy tenure was a failure, but his dismissal won't fix a broken franchise, Sao Paulo's Fernando Diniz is Brazil's next great coaching hope, Woodward said on a conference call to United's investors on Thursday, Stream new episodes of ESPN FC Monday-Friday on ESPN+, Stream every episode of 30 for 30: Soccer Stories on ESPN+, Man United announce significant rise to club debt, Internet issues and doorbell distractions: The challenge of calling 'ghost games' from home, Malaga's groundskeeper, who lives at the stadium, is hopeful that soccer soon returns to his unique home.
As a result, contracted capex commitments for fiscal 2021 and beyond are substantially lower. We also saw increases in monthly active users and average time spent per user per month versus the same quarter last year. Other operating expenses for the quarter increased by GBP1.8 million, due primarily to expenses related to a largest summer tour and the two additional home matches played during the quarter. Let's conquer your financial goals together...faster.
Finally, a brief update on FIFA's transfer task force. Albion Fit Office Ladies, San Francisco Fog Season,