The Yahoo Finance Live team discusses the competition for Major League Baseball games by the streaming platforms as the 2023 season gets underway. Read More...
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.