Man Utd losses jump despite record revenues
- Man Utd: 247 events in the last 90 days
- Previous: earlier the same day · Man Utd post record revenues as stadium plans advance
What happened
Manchester United's annual net loss increased by almost one third to £43 million ($57 million) despite record-breaking revenues announced on Wednesday.However, the club announced a seventh straight annual loss after tax as co-owner Jim Ratcliffe's cuts to operating costs offset contractual payments to sacked manager Ruben Amorim and a big increase in loan repayments.
Summary assembled by rule from the sources below
Sources
News
- Man Utd losses jump despite record revenuesYahoo Sports