Manchester United first-quarter loss narrows as fans return


Reuters | Updated: 17-11-2021 18:00 IST | Created: 17-11-2021 17:35 IST
Manchester United first-quarter loss narrows as fans return

Manchester United Plc's quarterly loss narrowed as the end of COVID-19 curbs in England allowed fans to return to its Old Trafford stadium at full capacity, offsetting a rise in salaries since the return of Cristiano Ronaldo in August.

The club, owned by the American Glazer family, posted a loss of 15.5 million pounds ($20.85 million) for the three months ended September 30, compared with a loss of 30.3 million pounds in the year-ago period when COVID-19 disrupted sporting calendars and shuttered stadiums. ($1 = 0.7433 pounds)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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