Reported 28 days ago
Manchester United's new CEO has announced plans to improve the club's on-field and financial performance after reporting a significant net loss of over £113 million for the fiscal year ending in June. This marks the fifth consecutive year of losses for the club, which has been under pressure due to strict financial regulations and poor performance on the pitch. The club aims to comply with financial sustainability rules and strives to return to the top of European football, while embarking on a restructuring plan that includes reducing operational costs.
Source: YAHOO