SOCCER Manchester United quarterly losses widen as broadcast revenue slips

Last updated on: 26 May,2022 05:17 pm

SOCCER Manchester United quarterly losses widen as broadcast revenue slips

(Reuters) - Manchester United (MANU.N) on Thursday reported a wider net loss in the third quarter as broadcast revenue slipped and wages grew, days after the Premier League club failed to qualify for next season s lucrative European Champions League.

The New York-listed club reported net loss of 27.7 million pounds ($34.9 million) for the three months to March 31, compared with a loss of 18.1 million pounds a year earlier.