Manchester United reports £2.9mln Q1 loss May 14, 2015 - 16:17 AMT PanARMENIAN.Net - Manchester United has reported a loss for the first three months of the year, hit by a decline in broadcasting and matchday revenue, according to BBC News. It lost £2.9mln between January and March. That compares with an £11mln profit in the same period last year. The loss will put added pressure on the club's debt burden, which increased 12.4% in the quarter to £395.4mln. However the club did raise its financial guidance for 2015. It now expects to make £103mln - £110mln in the year to June 2015 compared with a previous forecast of £90mln - £95mln. Related links:   Top stories Armenian gymnast, Olympic bronze medalist Artur Davtyan has reached the finals of the World Cup. Gor Manvelyan has denied reports alleging that he has expressed a desire to one day play for the French national team. Roma midfielder Henrikh Mkhitaryan is not considering FC Spartak Moscow as his next haven, according to fresh reports. 10 Armenian lifters will compete in the 2021 World Championships scheduled to be held from 7 to 17 December in Tashkent.   Partner news |  Latest news Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year  German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year.Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan.Armenia, Russia discuss life extension of Metsamor nuclear plant Issues regarding the extension of life of the 2nd power unit of the Armenian Nuclear Power Plant were discussed in Yerevan.Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. |
