Manchester Utd Vows to Improve On and Off Pitch after Fifth Year of Losses

September 11, 2024, 09.50 PM
Source: ReutersEditor: Yudho Winarto

FOOTBALL / SOCCER - Manchester United's new chief said on Wednesday the club was working towards improving performance on and off the pitch after a fifth consecutive year of net losses following a poor 2023-24 season and heavy investments in the new squad.

The English Premier League soccer club's shares slipped 8% in early U.S. trading as net losses widened to more than 113 million pounds ($147 million) in the year to June, making it only the second time since its New York listing in 2012 that losses topped 100 million pounds.

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