Manchester United posts $7.80 million quarterly net loss

Reuters
02-19
Manchester United posts $7.80 million quarterly net loss

Feb 19 (Reuters) - Manchester United MANU.N reported an adjusted net loss of 6.2 million pounds ($7.80 million) in the second quarter on Wednesday, as revenues took a hit from the club taking part in the less lucrative Europa League competition.

The Premier League soccer club, however, forecast annual adjusted core profit at the top end of the club's previous range of 145 million pounds to 160 million pounds.

($1 = 0.7948 pounds)

(Reporting by Yadarisa Shabong in Bengaluru; Editing by Shinjini Ganguli)

((Yadarisa.Shabong@thomsonreuters.com; +91 9742735150;))

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