Manchester United PLC (MANU) reported a disappointing fiscal fourth-quarter 2024, with revenue declining 15% year-over-year to 142.2 million British pounds ($179.43 million). The decline was driven by a significant drop in broadcasting revenue, while commercial revenue saw a modest increase. The club also reported an operating loss for the quarter, missing analyst expectations. Despite the challenging quarter, Manchester United remains optimistic about its future, outlining plans for a business transformation and predicting revenue growth in the coming year.
