Man United post record revenues but are still making losses

Man United post record revenues but are still making losses
Manchester United posted record revenues in their latest annual accounts despite missing out on Champions League soccer and enduring their its worst-ever Premier League campaign. (AFP/File)
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Man United post record revenues but are still making losses

Man United post record revenues but are still making losses
  • Despite revenues of $910m the 20-time English champion still reported losses of $45m
  • Losses fell from 113.2 million pounds to 33 million

MANCHESTER: Manchester United posted record revenues in their latest annual accounts despite missing out on Champions League soccer and enduring their its worst-ever Premier League campaign.
But despite revenues of 666.5 million pounds ($910 million) the 20-time English champion still reported losses of 33 million pounds ($45 million).
“To have generated record revenues during such a challenging year for the club demonstrate the resilience which is a hallmark of Manchester United,” chief executive Omar Berrada said.
The accounts for the year ending June 30, 2025, came after minority owner Jim Ratcliffe embarked on cost-cutting measures, which have seen two rounds of job cuts with an estimated reduction of more than 400 members of staff, as well as ticket price hikes.
United told fans in January they could not sustain their losses and Ratcliffe later said the club were in danger of running out of money by the end of the year.
Losses fell from 113.2 million pounds to 33 million.
United’s commercial strength comes despite their ongoing troubles on the field, which have seen them struggle to keep pace with Premier League rivals like Liverpool, Manchester City and Arsenal.
They did not play in the lucrative Champions League last season and finished 15th in England’s 20-team top division — their lowest since the inception of the Premier League in 1992.
They also recorded their lowest points total and highest number of losses, which led to them failing to qualify for any European soccer competition this season.
United have not won the league title since Alex Ferguson retired in 2013.
This season has not started well either, with Ruben Amorim’s team only winning one of four games and having been eliminated from the English League Cup by fourth-tier Grimsby Town.
“As we settle into the 2025-26 season, we are working hard to improve the club in all areas,” Berrada said. “As we start to feel the benefits of our cost-reduction program, there is significant potential for improved financial performance, which will, in turn, support our overriding priority: success on the pitch.”
United said costs of 36.6 million ($50 million) included the departure of former manager Erik ten Hag, who was fired last October.
United’s principal debt remains at $650 million.


Italian Super Cup returns to

Italian Super Cup returns to
Updated 20 sec ago

Italian Super Cup returns to

Italian Super Cup returns to

ROME: The Italian Super Cup is to be held in in December, the Italian football league announced on Wednesday.
“For the sixth time the Italian Super Cup will be held in . This 38th edition will be staged in Riyadh ,” a federation statement confirmed.
Since 2023 the competition has featured four teams, the Serie A champions , the league runners-up , and the Italian Cup winners  and Cup runners-up .
Serie A’s plans to stage the league match between AC Milan and Como on February 6 in Perth, Australia, to avoid a clash with the 2026 Winter Olympics opening ceremony at Milan’s San Siro stadium, was criticized by European supporters groups this month.
La Liga’s green light for Spanish champions Barcelona’s league game against Villarreal to be moved to Miami, Florida on December 20 also came under fire.
While various Super Cups like the Italian edition are staged abroad, those two fixtures would represent a first for European leagues.


Pakistan survive UAE scare to qualify for Asia Cup Super Four stage

Pakistan survive UAE scare to qualify for Asia Cup Super Four stage
Updated 9 min 48 sec ago

Pakistan survive UAE scare to qualify for Asia Cup Super Four stage

Pakistan survive UAE scare to qualify for Asia Cup Super Four stage
  • Pakistan handed UAE a 147-run target from 20 overs in knockout match at Dubai 
  • Crucial win helps Pakistan qualify for Super Four stage, set up another India clash  

ISLAMABAD: Pakistan cricket team survived a scare from minnows UAE on Wednesday, beating them by 41 runs at Dubai to qualify for the Super Four stage of the Asia Cup 2025 tournament. 

Pakistan batted first but suffered early blows, losing both openers in the powerplay overs when the team's score was just nine. Fakhar Zaman and skipper Salman Ali Agha put in a 61-run partnership to bring some stability to the side before more wickets tumbled. 

Zaman scored 50 off 36 balls while Agha made 20 runs and Mohammad Haris scored 18 runs off 14 balls. Pakistan were in deep trouble at 110-7 before bowler Shaheen Shah Afridi stepped to the crease. Afridi smashed 29 runs from 14 balls to ensure Pakistan finished at 146-9 after 20 overs. 

"Pakistan defeat UAE by 41 runs and progress to the Super 4s in the ACC Men’s T20 Asia Cup 2025," the PCB wrote on X. 

UAE, in response, were bundled out for 105 runs in 17.4 overs. Afridi, Rauf and leg-spinner Abrar Ahmed each took two wickets while all-rounder Saim Ayub and Agha each picked up a single wicket. 

Rahul Chopra and Dhruv Parashar scored 35 and 20, respectively, to give the UAE a fighting chance before Pakistani bowlers dismissed them. 

Pakistan and India become the only teams to advance to the Super Four stage of the tournament from their group. This means the two arch-rivals will clash once again in the next stage of the tournament. 


Brave Bodo/Glimt snatch 2-2 draw with Slavia Prague in Champions League debut

Brave Bodo/Glimt snatch 2-2 draw with Slavia Prague in Champions League debut
Updated 39 min 24 sec ago

Brave Bodo/Glimt snatch 2-2 draw with Slavia Prague in Champions League debut

Brave Bodo/Glimt snatch 2-2 draw with Slavia Prague in Champions League debut
  • The club from inside the Arctic Circle did not disappoint, putting in a battling performance that could easily have finished 5-5
  • The step up in class to the Champions League proved tough for Kjetil Knutsen’s side

PRAGUE: Norway’s Bodo/Glimt pulled off a sensational comeback to draw 2-2 away to Slavia Prague in their first ever Champions League group game on Wednesday, with substitute Sondre Brunstad Fet netting the 90th-minute equalizer.
Having built a reputation in Europe for devil-may-care football no matter who they face, the club from inside the Arctic Circle did not disappoint, putting in a battling performance that could easily have finished 5-5.
The Norwegians, who made a remarkable run to the semifinals of last season’s Europa League where they lost to English side Tottenham Hotspur, started well but were punished in the 23rd minute when fullback Youssoupha Mbodji ghosted in at the back post to tap home Lukas Provod’s pass.
The step up in class to the Champions League proved tough for Kjetil Knutsen’s side. At times brilliant in attack, they looked all at sea defensively and in midfield on occasion, sending numerous passes astray.
Glimt’s Danish striker Kasper Hogh had a chance to level from the spot nine minutes into the second half, but his penalty was saved, and that miss proved even more costly when Mbodji volleyed home his second of the night in the 74th minute.
Caught napping for the second goal, Bodo substitute Daniel Bassi made amends by pulling a goal back four minutes later, firing home at the second attempt to throw his side a lifeline.
However, the visitors continued to play with fire and Slavia Prague wasted a number of gilt-edged chances to put the game out of sight, with Bodo keeper Nikita Haikin a giant between the posts.
Somehow, they managed to weather the storm before Brunstad Fet blasted the equalizer in off the underside of the crossbar, with Haikin pulling off another brilliant stop deep into stoppage time to ensure they snatched an unlikely point.


Pakistan’s Arshad Nadeem qualifies for World Athletics Championships javelin final

Pakistan’s Arshad Nadeem qualifies for World Athletics Championships javelin final
Updated 17 September 2025

Pakistan’s Arshad Nadeem qualifies for World Athletics Championships javelin final

Pakistan’s Arshad Nadeem qualifies for World Athletics Championships javelin final
  • Nadeem hauls javelin at impressive 85.28-meter throw in his third and final attempt to qualify for final 
  • India’s Neeraj Chopra qualifies for World Athletics Championship final, which will take place on Thursday

ISLAMABAD: Pakistan’s Olympic champion Arshad Nadeem qualified for the men’s World Athletics Championships javelin final on Wednesday with an impressive 85.28-meter throw, joining India’s Neeraj Chopra and other top athletes for the upcoming contest. 

The World Athletics Championships ranks alongside the Olympic Games as the highest level of global senior outdoor competition for track, field, marathon and race walk athletes. The Olympics and the FIFA World Cup are the only sporting events that boast a bigger global reach and impact. This year’s edition is taking place in Tokyo at the Japan National Stadium from Sept. 13-21. 

Nadeem, the reigning Olympic champion, qualified from Group B with an 85.28-meter throw in his third and final attempt in Tokyo. The automatic qualification mark was set at 84.50 meters. 

“Qualified for the FINAL of the World Athletics Championships!” Nadeem wrote on social media platform X. 

“Gearing up for the final tomorrow at 3:23 p.m. PST! Humble request: Need your prayers for a strong performance!“

Anderson Peters of Grenada, Olympic medal winner Julius Yego of Kenya and the USA’s Curtis Thompson also breached the automatic mark from Group B alongside Nadeem. 

Defending champion Chopra, a two-time Olympic medalist, booked his place in the medal round with an 84.85-meter throw in Group A of the qualifiers.

Germany’s Julian Weber, the top-ranked men’s javelin thrower in the world currently, fell short with his first throw but qualified with a second haul of 87.21 meters.

Poland’s Dawid Wegner was the only other athlete from Group A, who earned a direct qualification with a new personal best of 85.67m.

Nadeem, who comes from humble beginnings from the eastern Khanewal district in Pakistan, is one of nine children of a daily wage laborer who showed great versatility as an athlete from a young age while dabbling in all kinds of sports at school.

Though the family lacked the financial means to encourage Nadeem’s enthusiasm for sports, his spirit earned him the support he needed, with his elder brothers working to help him build a career in sports, the family told Arab News in an interview in 2021.

The Pakistani star athlete won silver at the World Championships in 2023 and gold at the Commonwealth Games in 2022 with a massive 90.18-meter distance throw.


De Bruyne returns to Etihad as City face Napoli in Champions League

De Bruyne returns to Etihad as City face Napoli in Champions League
Updated 17 September 2025

De Bruyne returns to Etihad as City face Napoli in Champions League

De Bruyne returns to Etihad as City face Napoli in Champions League
  • Though he now wears Napoli blue, “King Kev” remains a beloved figure at the Etihad
  • Guardiola is not surprised how seamlessly De Bruyne has slotted into Antonio Conte’s Italian team, scoring two goals in three matches

MANCHESTER: Manchester City welcome a familiar face back to the Etihad Stadium on Thursday as they kick off their Champions League campaign against Napoli and Kevin de Bruyne.
But while City boss Pep Guardiola shed tears when the Belgium midfielder made his final appearance for his team last season, the Spaniard said he will enjoy De Bruyne’s return on Thursday “after the game.”
De Bruyne, who won 19 trophies during his glittering 10-year spell at City and captained the side through some of its most dominant seasons, makes a swift return to Manchester following his summer move to Naples.
Though he now wears Napoli blue, “King Kev” remains a beloved figure at the Etihad.
Guardiola is not surprised how seamlessly De Bruyne has slotted into Antonio Conte’s Italian team, scoring two goals in three matches.


“Of course it’s nice to have him back. The players in that level (Serie A) adapt so quickly and they don’t need that much time to adapt,” he said.
City were eliminated from last season’s Champions League by Real Madrid in the knockout phase playoffs.
Guardiola said that while the former European giants were not considered favorites this season, he was approaching the league phase with cautious optimism.
“Just enjoy the moment. We’re happy to be here after the path we have been (on) so we’re just focusing on tomorrow and the game we have to play and starting well in this competition,” he said. “If you start with a bad result it can be difficult.”
City can draw on the European experience of their new goalkeeper Gianluigi Donnarumma, who was a key player in Paris St. Germain’s Champions League triumph last season.
“I would always say in the last decade we have had incredible goalkeepers,” Guardiola said. “(But) Gigi, at his age, just 26 years old, he can play for us for many years and he is a top-class keeper.”
With De Bruyne’s return adding an emotional layer to the fixture and both teams eager to start strongly, Thursday’s clash promises to be a compelling encounter at the Etihad.