Manchester United report nine-figure losses despite record revenues

Front of a Manchester United jersey. /CFP

Manchester United posted net losses of Pound 113.2 million (about $147.6 million) in their latest financial results despite record revenues of Pound 661.8 million (about $862.8 million) or the year ending June 30.

The "Red Devils" haven't been profitable since 2019 and recorded losses of more than Pound 90 million (about $117.3 million) in three of th