12-09-2016 14:01 via news.yahoo.com

Manchester United earnings to dip on Champions League absence

(Reuters) - Manchester United reported a 30 percent rise in fourth-quarter revenue on Monday but forecast lower earnings for the current year as the club will miss out on Champions League soccer after finishing fifth in the English Premier League last season. United said it expected 170-180 million pounds in adjusted core earnings this year after reporting a record figure of 192 million for the year ended June 30. It expects 530-540 million pounds in revenue this year, up from 515 million due to
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