Manchester United (MANU) has released an update.
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Manchester United PLC has announced record revenues for the fiscal year 2024, driven by unprecedented Commercial and Matchday earnings, despite playing fewer home games. The club has implemented a business transformation plan aimed at improving operational efficiency and anticipates significant cost savings over the next two fiscal years. Looking ahead, Manchester United forecasts revenues between £650 to £670 million and an adjusted EBITDA of £145 million to £160 million for fiscal 2025.
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