(Reuters) – Manchester United on Thursday reported a wider net loss in the third quarter as broadcast revenue slipped and wages grew, days after the Premier League club failed to qualify for next season’s lucrative European Champions League.
The New York-listed club reported net loss of 27.7 million pounds ($34.9 million) for the three months to March 31, compared with a loss of 18.1 million pounds a year earlier.
($1 = 0.7931 pounds)
(Reporting by Yadarisa Shabong in Bengaluru; editing by John Stonestreet)