Manchester United swings into red as European competition absence hits revenue
The Star Online - Sport·2025-12-11 21:09
Dec 11 (Reuters) - Manchester United swung to a first-quarter net loss on Thursday, weighed by lower broadcasting revenue and ticket sales as the club sits out European competitions this season.
The Old Trafford club posted a net loss of 6.6 million pounds ($8.83 million) for the quarter ended September 30, compared with a profit of 1.4 million pounds a year ago. Total revenue for the quarter fell 2%, with player and staff wages falling 8.2% due to job cuts.
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