Losses widened at Manchester United during the first half of their financial year as revenue growth stalled.
New figures have revealed the Premier League club's losses totalled £20.2m in the six months to December 31, 2022, compared to losses of £16.9m in the same period in 2021.
United's total revenue also dipped slightly from £311.9m to £311m over the same time.
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Commercial revenue jumped by almost 30% to £166.1m but was offset by a drop in broadcasting revenue by nearly 28% to £93.7m.
Match day revenue also fell by 4.1% to £51.2m while its adjusted EBITDA grew by 4.1% to £71.9m.
Manchester United reiterated its previous guidance that it expects to report a revenue of £590m to £610m for the full year and expects its adjusted EBITDA to be between £125m to £140m.
For the three months to the end of December 2022, the club's second quarter, total revenue dropped by almost 10% to £167.3m while it made a profit of £6.3m, up from a loss of £1.4m.
Commercial revenue for the quarter rose by 22.2% to £78.7m but broadcasting revenue was cut by 32.1% to £58.7m and match day revenue fell by 13.6% to £29.9m.
The club's adjusted EBITDA for the quarter fell by nearly 10% to £48.3m.
The results come as the club continue takeover talks with various potential buyers.
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