Associated PressMan United's revenue drops, debts rise amid pandemic
Manchester United's revenue dropped by almost a fifth because the team did not play in the Champions League and because it was forced to close its stadium to fans during the coronavirus pandemic, the English club said Wednesday. The Premier League club, which is listed on the New York Stock Exchange, generated 509 million pounds ($665 million) in the year to June 30 — a drop of 19%. While the team is back in the Champions League, there is no return of matchday revenue from supporters with games still being played in empty stadiums to contain the spread of the coronavirus.
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