Manchester United slips to quarterly loss; CEO admits challenges on pitch


FILE PHOTO: Soccer Football - Premier League - Manchester United v Southampton - Old Trafford, Manchester, Britain - January 16, 2025 General view outside the stadium before the match Action Images via Reuters/Jason Cairnduff/File Photo

(Reuters) -Manchester United reported an adjusted net loss of 6.2 million pounds ($7.80 million) in the second quarter, hurt by lower revenue as the club played the less lucrative Europa instead of the Champions League competition this season.

"We recognise the challenges in improving our men's team's league position and we are all working hard, collectively, to achieve that," CEO Omar Berrada said in a statement on Wednesday.

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