SportsManchester United posts £43m annual loss despite record £677.6m revenue
Sky Sports News reports that United's annual loss widened from £33m to £43m. Revenue reached a record even though the club did not participate in UEFA competition.
TLDR
Sky Sports News reports that Manchester United released annual figures showing record revenue of £677.6m in a year without UEFA competition. The club's loss widened to £43m from £33m the previous year.
In a statement shared by Fabrizio Romano, CEO Omar Berrada said the results demonstrated the business's underlying strength. He pledged to maintain a “disciplined approach” to keeping the club's finances sustainable.
Manchester United posts £43m annual loss despite record £677.6m revenue
Sky Sports News reports that United's annual loss widened from £33m to £43m. Revenue reached a record even though the club did not participate in UEFA competition.
