Manchester United swings to annual net loss as revenue slides

Manchester United slumped to a net loss of 23.2 million pounds ($30.3 million) in the last financial year as the coronavirus forced soccer clubs to play matches behind closed doors and disrupted broadcast schedules.

United, who have made mixed start to the new English Premier League season, said revenue in the year ended June 30 fell 19% to 509 million pounds. It gave no financial forecast for the current year. ($1 = 0.7653 pounds)

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