News Digest / Ticker: MANU

Ticker: MANU

08:05am, Wednesday, Sep 11, 2024

Manchester United’s Financial Woes: Revenue Plummets and Losses Widen, What’s Next for Investors?

Shares of Manchester United plc (NYSE: MANU) fell 2.2% after Q4 results showed a 15% revenue decline to £142.2 million and a net loss of £36.3 million. The club aims for improved fiscal health with cost cuts and ambitious 2025 targets.