Manchester United slips to wider loss on pandemic impact
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Manchester United Plc (MANU.N) reported a wider full-year loss after a season marred by pandemic-induced lockdowns and empty stadiums hit matchday sales and commercial revenue.
The English soccer club said its net loss for the year ended June 30 was 92.2 million pounds ($127.2 million), compared with a loss of 23.2 million pounds in the year-ago period as the onset of COVID-19 in 2020 disrupted all walks of life globally. ($1 = 0.7250 pounds)