Date: 9 months ago   Category: Sport

The annual loss Manchester United has made $49 million — Rambler News Service


Photo: globallookpress.com/Ruben Sprich Net loss of the English Manchester United Football Club in 2017/18 financial year (I have come to the end on June 30) has made 37,3 million pounds sterling ($49,05 million) against a profit of $51,55 million the previous year, follows from the annual reporting of club. Operating profit at the same time has grown by 45,4%, to $58 million. The revenue of club for the reporting period has increased by 1,5%, to $776 million. The commercial revenue of club has grown by 0,2%, to $362,9 million, income from broadcastings — for 5,2%, to $268,3 million, and an income per day of matches has decreased by 1,5%, to $144,3 million. Expenses of club have grown by 10,3%, to $741 million, at the same time expenditure of "MU" for personnel have grown by 12,3%, to $389,4 million. "Expenses have increased in the basic due to increase in salaries because of participation in the Champions League" — it is said in the reporting of club. The net debt of club as of June 30, 2018 has made $333,8 million, having increased by 19,1% in comparison with similar date of last year. Following the results of a season 2017/18 Manchester United have taken the 2nd place in the English premier league, has reached a cup-final of England, to 1/8 Champions League finals and has won the European Super Cup.

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