Manchester United reports £2.9mln Q1 lossMay 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 | Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia. Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports. Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. |