Manchester United's Annual Net Loss Soars Nearly a Third Amid Record Revenue Boost

Manchester United's annual net loss jumped nearly a third to £43m ($57m), despite generating record revenue of £677.6m, according to latest figures announced by the club on Wednesday. The financial performance marked an increase from previous losses, but still fell short of expectations for many investors. Despite this, revenue reached a record high in the past year. Manchester United's annual loss is the largest seen by the club since 2019.