Reported about 5 hours ago
Manchester United has reported a net loss for the sixth consecutive year, with a £33 million deficit for the year ending June 30, an improvement from last year's £113.2 million loss. The club forecasts a decrease in revenue for the upcoming fiscal year, attributed to ongoing financial challenges despite cost-cutting measures. With new spending regulations in the Premier League and an absence from European competitions, the club's financial situation remains under scrutiny as inconsistent performance on the pitch further frustrates fans.
Source: YAHOO