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MENAFN - - 19/09/2012

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(MENAFN) 19-time English soccer champion Manchester United Plc reported a quarterly loss as the club's team played fewer matches in finishing without a trophy for the first time since 2005, Bloomberg reported.

The club said it incurred USD24.4 million net loss in its fiscal fourth quarter ended June 30, compared with USD813.8 loss a year earlier.

The club also reported a 25 percent slip in quarterly revenue to USD121 million as the team failed to advance in the Champions League and F.A. Cup.

Match-day revenue decreased 35 percent to USD30.7 million as the team played two fewer home games, the club said.

Broadcast income also plunged 37 percent to USD44.7 million, largely attributed to the team's failure to make the knockout stages of the Champions League, the club added.

The club's income from commercial sales rose 5.2 percent to USD45.6 million.

 






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