Man Utd calls for patience as on-field woes darken earnings outlook

  • 📰 Reuters
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

English soccer club Manchester United forecast annual revenue would fall for the first time in five years after its failure to qualify for this season’s UEFA Champions League.

) forecast annual revenue would fall for the first time in five years after its failure to qualify for this season’s UEFA Champions League but backed manager Ole Gunnar Solskjaer to rebuild the English soccer club.

“Returning to the roots of our club’s ethos of youth-led attacking football is the right way forward,” Woodward said on a post-results media call on Tuesday. “We and the fans demand success and that means winning trophies. That standard has never changed for Manchester United,” Woodward said.The club, which will play in the less lucrative Europa League this season, has made a stuttering start to the new English Premier League campaign and sits eighth in the table after six matches.

Woodward has come under fire as several big-money signings and a trio of managers have underperformed since Ferguson’s retirement in 2013, the last time United won the league title.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The correct word is football club. Not soccer club. Just saying.

Man Utd is not going to work unless they get another Sir Alex Ferguson. If this trend continues I can see them struggling to survive in EPL in near future. They are just wasting money on every bad player they can find with worst managers.

Only time Man U won is when they were shooting Chivita ads

Remove the Deadwood from the board room

So will the wages bill

The Glazers have not spent 900M, they put ZERO of their own money into the club. Our net spend post Fergie is around 550M (not 900M), less than 80M per season. Of the 33 players we've signed post Fergie, 17 have left at a lost of around 130M

We are just tanking for tua

So I’m going to get two pennies instead of four for my one share?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States United States Latest News, United States United States Headlines