Shares of football club operator Manchester United plc (MANU) are down more than 13% Thursday morning after reporting wider loss in the third quarter.
Net loss for the third quarter widened to 27.73 million pounds or 17.01 pence per share compared with 18.11 million pounds or 11.12 pence per share in the same quarter a year ago, impacted by higher costs including operating expenses and employee benefit expenses.
Excluding one-time items, loss was 13.75 pence per share compared with 13.30 pence per share last year. Revenue for the quarter, however, increased to 152.8 million pounds from 118.3 million pounds a year ago.
MANU, currently at $11.31, touched a new low of $10.51 this morning.
For comments and feedback contact: editorial@rttnews.com
Business News
April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.