Manchester United Q3 report: Reveals how much the coronavirus will cost in TV revenue

21 May 2020

Manchester United
Photo: PA Images In their Q3 report Man Utd revealed the impact of Covid-19 on Premier League clubs regarding broadcast. United are expecting to be paying a £20 million rebate to broadcasters

Manchester United report a rare loss in their third quarter despite only 18 days of Covid-19 suspension revealing how big an impact the pandemic can have on Premier League clubs.

The club said they estimate the cost of the pandemic so far is £23 million - a figure made up of a broadcaster rebate plus the absence of matchday revenue and associated costs.

United have taken the unusual step of withdrawing previous revenue and EBITDA guidance.

Mads Meisner Christensen mm@offthepitch.com

Manchester United have felt the financial effects of the coronavirus crisis and their quarter results reveal the huge costs for Premier League clubs.

Executive vice-chairman Ed Woodward believes the club are resilient enough to cope with "one of the most extraordinary and testing periods" in their 142-year history.

Their Q3 results up until March 31 accounted for just 18 days of football’s suspension, but due to a massive drop in broadcast income of 52 per cent Man Utd recorded an overall loss of £3.3 million for the quarter.

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