Financial reporting

Higher broadcasting revenues limit ManU’s sales decline

2021-06-18T17:01:00

The net loss of Manchester United narrowed by 20.6 percent to £18.1 million (€21.1m-$25.2m) in the third quarter ended March 31, in spite of a drop of 4.4 percent in overall revenues to £118.3 million (€138.0m-$164.5m). Adjusted Ebitda declined by 48.4 percent to £14.4 million (€16.8m-$20.0m), however. As all the ...

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