Manchester United posts Q2 loss on Omicron hit

Manchester United posts Q2 loss on Omicron hit
Representative Image. Image Credit: Flickr

Manchester United posted a net loss of 1.4 million pounds ($1.88 million) for the second-quarter from a profit a year ago, as broadcast revenue dropped after some games were postponed in December due to the Omicron coronavirus variant.

The English soccer club's broadcast revenue fell 20.5% to 86.4 million pounds for the three months ended Dec. 31. Total revenue grew 7.3% to 185.4 million pounds. ($1 = 0.7457 pounds)

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