Manchester United (MANU) has released an update.
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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