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News Summary: Man United's loss widens

Associated Press Published: September 18, 2012
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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.