Advertisement
UK markets closed

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     

  • AIM

    755.28
    +2.16 (+0.29%)
     

  • GBP/EUR

    1.1679
    +0.0022 (+0.19%)
     

  • GBP/USD

    1.2494
    -0.0017 (-0.13%)
     

  • Bitcoin GBP

    51,056.95
    -601.76 (-1.16%)
     

  • CMC Crypto 200

    1,327.67
    -68.87 (-4.93%)
     

  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     

  • DOW

    38,239.66
    +153.86 (+0.40%)
     

  • CRUDE OIL

    83.66
    +0.09 (+0.11%)
     

  • GOLD FUTURES

    2,349.60
    +7.10 (+0.30%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,161.01
    +243.73 (+1.36%)
     

  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

Man Utd see revenue, profit fall from European absence

Reuters - UK Focus

LONDON, Sept 10 (Reuters) - English soccer club Manchester United (NYSE: MANU - news) forecast on Wednesday that revenue and profit would fall in 2014-15, paying a price for missing out on European soccer this season.

United, 20 times English champions, reported revenue of 433 million pounds ($698 million) in the year to the end of June, and core profit of 130 million pounds.

The team finished only seventh in the Premier League last season, missing out on a place in the lucrative Champions League for this campaign.

As a consequence, United forecast revenue of 385-395 million pounds in the current year, and profit of between 90 and 95 million pounds.

(1 US dollar = 0.6203 British pound) (Writing by Keith Weir, editing by David Evans)