Last Updated: October 26, 2023, 17:04 IST
Manchester United (Reuters)
Manchester United expects income between 650 million kilos and 680 million kilos for fiscal 2024, in contrast with 648.4 million kilos in fiscal 2023.
Manchester United on Thursday forecast increased fiscal 2024 income after reporting a smaller fourth-quarter web loss because the English Premier League membership benefited from a rise in ticket gross sales and sponsorship income.
The membership, whose future possession stays unsure after the Glazers mentioned in November final 12 months they had been exploring a possible sale of the membership, didn’t give any particulars on the reported pursuits from British billionaire Jim Ratcliffe or from Qatar’s Sheikh Jassim bin Hamad al Thani.
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Record 20-time English champions, Manchester United expects income between 650 million kilos and 680 million kilos for fiscal 2024, in contrast with 648.4 million kilos in fiscal 2023.
The membership forecast adjusted core revenue between 140 million kilos and 165 million kilos in fiscal 2024, in contrast with 155 million kilos in fiscal 2023.
Manchester United reported a web lack of 2.9 million kilos ($3.50 million) for the quarter ended June 30, in contrast with a lack of 71 million kilos a 12 months earlier.