Manchester United posts nearly $16 million net loss in third quarter
Manchester United posts nearly $16 million net loss in third quarter May 27 (Reuters) - Manchester United MANU.N on Wednesday reported a net loss of £11.8 million ($15.86 million) for its fiscal third quarter, wider than a year earlier, as the English Premier League club grappled with falling sponsorship revenue and weaker ticket sales.
($1 = 0.7442 pounds)
(Reporting by Yadarisa Shabong in Bengaluru; Editing by Ronojoy Mazumdar)
((Yadarisa.Shabong@thomsonreuters.com; +91 9742735150;))
Recent news on Manchester United
See all newsSoccer-Rooney labels Man United players 'selfish' after Fernandes criticism
Soccer-Police investigate burglary at Man United captain Fernandes' house, Athletic reports
Wrapup 1: Soccer-Rice rescues Arsenal at Bayern as Real Madrid hit four
Soccer-Fernandes questions United's tactics after Como hammering
Soccer-Paz dazzles as Como thrash Manchester United 4-1