The impact of the coronavirus pandemic on UK Premier League club Manchester United has been severe. $MANU Slipped to a pre-tax loss in quarter ended 31 March. Broadcasting revenue fell by 51.7%. Net debt increased by £127.4m to £429 sending finance costs higher as the football seasons were postponed. Manchester United PLC NYSE: MANU Reported Earnings Before Open Thursday ($0.06) Missed Exp $0.01 EPS and $157.94M Missed $171.27 Million Forecast in Revenue Earnings Manchester United reported earnings for the quarter … Continue reading “Manchester United Debt Soars as Broadcasting Revenue Falls 51 percent”