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Reuters
Manchester United back in the black ahead of potential sale
Net profit came in at 6.3 million pounds ($7.78 million) in the three months to Dec. 31, against a 1.4 million pound loss a year earlier. Revenue fell almost 10% to 167 million pounds, with increased commercial revenue outweighed by a drop in broadcasting revenue and lower match-day revenue because there were fewer home games than in the same period last year. United’s American owners, the Glazer family, launched a formal sale process late last year and have received several bids, including from Sheikh Jassim Bin Hamad Al Thani, British billionaire Jim Ratcliffe and Finnish businessman Thomas Zilliacus.
