Other Sports: Manchester United quarterly losses widen as broadcast revenue slips

0
46

(Reuters) – Manchester United on Thursday reported a wider web loss within the third quarter as broadcast revenue slipped and wages grew, days after the Premier League membership did not qualify for subsequent season’s profitable European Champions League.

The New York-listed membership reported web lack of 27.7 million kilos ($34.9 million) for the three months to March 31, in contrast with a lack of 18.1 million kilos a 12 months earlier.

($1 = 0.7931 kilos)

(Reporting by Yadarisa Shabong in Bengaluru; enhancing by John Stonestreet)



Source link