Manchester United losses jump nearly a third to $57m despite record revenue
- Manchester United’s debt remains over one billion pounds ($1.3bn) despite record revenues that are unable to prevent loss at the UK football side.
- Manchester United’s annual net loss increased by almost one third to 43 million pounds ($57m) despite record-breaking revenues announced on Wednesday.
- The Red Devils reported 677.6 million pounds ($897.8m) in revenue in the year to June 30, up 1.7 percent.
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- Manchester United’s debt remains over one billion pounds ($1.3bn) despite record revenues that are unable to prevent loss at the UK football side.
- Manchester United’s annual net loss increased by almost one third to 43 million pounds ($57m) despite record-breaking revenues announced on Wednesday.
- The Red Devils reported 677.6 million pounds ($897.8m) in revenue in the year to June 30, up 1.7 percent.
Sources: Al Jazeera