News Summary: Man United's loss widens

Associated Press Published: September 18, 2012
Advertisement
;

THE SCORE: Manchester United reported a wider loss for its fiscal fourth quarter after it was knocked out of the lucrative tournaments early in the season.

THE PLAY: The team known as the Red Devils was eliminated in the group stages of the Champions League, meaning it lost out on TV and match-day revenue in following months. It was also knocked out early in the FA Cup, the English tournament.

THE NUMBERS: The team lost 14.9 million pounds ($24.2 million), or 10 pence per share for the period. That's compared to a loss of 351,000 pounds in the year-ago period.


Advertisement


Trending Now



AROUND THE WEB

  1. 1
    Dave Chappelle Reveals Shockingly Buff New Look
  2. 2
    Peaches Geldof Funeral to Be Held on Easter Monday
  3. 3
    Mayor Who Fired Lesbian Police Chief Caught On Tape In Homophobic Tirade
  4. 4
    NBA commissioner wants to raise age limit to 20
  5. 5
    Dream guitars I wouldn't mind calling my own (34 Photos)
+ show more