SPORTS

Manchester United expect higher revenue, core earnings for 2019

Published

6 years ago

September 25, 2018

Manchester United still flex most social media muscle

English Premier League soccer club Manchester United forecast higher revenue and core earnings for 2019, even as the company reported lower results for the fourth quarter of 2018.

Adjusted earnings before interest, tax, depreciation and amortization (EBITDA) for 2019 are expected to be between 175 million pounds and 190 million pounds, the 20-time English champions said.

Revenue for 2019 is expected to be between 615 million pounds and 630 million pounds, United said.

It reported adjusted EBITDA of 177.1 million pounds and revenue of 590 million pounds for 2017-18 on Tuesday.

Related Topics:

Up Next

Klopp defends Salah, says Firmino fit to face Saints

Don't Miss

Make NFF a modern football organisation, Balogun advises Pinnick

NEWSVERGE

NEWSVERGE, published by The Verge Communications is an online community of international news portal and social advocates dedicated to bringing you commentaries, features, news reports from a Nigerian-African perspective. A unique organization, founded in the spirit of Article 19 of the Universal Declaration of Human Rights, comprising of ordinary people with an overriding commitment to seeking the truth and publishing it without fear or favour. The Verge Communications is fully registered with the Corporate Affairs Commission of the Federal Republic of Nigeria as a corporate organization.