Manchester United reports revenue increase amid net losses

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Manchester United generated $192 million in revenue in fiscal Q3, up from $149 million in revenue for the same period last year despite lackluster results on the pitch this past season.

The club owned by the Glazer family, however, experienced a net loss of $35 million compared to $23 million in Q3 2021.

Commercial revenue reached $83 million in fiscal Q3, a 12.9% increase year-over-year.
Broadcasting revenue hit $65 million, down from $74 million in fiscal Q3 2021.

Matchday revenue was $45 million, compared to $2 million for the same period last year.

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