MANCHESTER UNITED PLC - MANU STOCK NEWS

Manchester United has entered a multi-year global strategic collaboration with Qualcomm Technologies, Inc., integrating the Snapdragon brand into the club's offerings. This partnership aims to enhance fan experiences at Old Trafford and worldwide, leveraging Snapdragon's advanced technology. Qualcomm will also advise on improving mobile connectivity at Old Trafford, ensuring fans enjoy better engagement during matches. Victoria Timpson, CEO of Alliances and Partnerships at Manchester United, expresses enthusiasm for this collaboration, emphasizing the potential for groundbreaking experiences.

Manchester United has announced a multi-year global partnership with DXC Technology, aiming to enhance the club's digital engagement with fans. Starting in the 2022/23 season, DXC will feature on the team's kits, increasing its global visibility. The partnership will focus on using technology to benefit society through educational initiatives for STEM students. Both organizations believe their collaboration will elevate Manchester United's digital transformation, leveraging data and analytics to create new opportunities for fan interaction.

Manchester United (NYSE: MANU) reported its third-quarter financial results for the fiscal year ending March 31, 2022. Total revenue rose to £152.8 million, a 29.2% increase from the previous year, driven by commercial revenue of £65.6 million. However, broadcasting revenue fell by 12% to £51.5 million. Despite record matchday revenue of £35.7 million, the net loss for the quarter was £27.7 million, compared to a loss of £18.1 million a year prior. Operating expenses surged by 26.6%, indicating increased investments in the squad. A dividend of $0.09 per share is scheduled for June 24, 2022.

Manchester United plc (NYSE: MANU) will report its third quarter fiscal 2022 results on May 26, 2022, at 7:00 AM EST. The club, a leader in sports and entertainment, boasts a historic legacy of 144 years and 66 trophies, and a global fanbase of 1.1 billion. This extensive community enables Manchester United to generate substantial revenues through multiple channels including sponsorship, merchandising, product licensing, broadcasting, and matchday initiatives, which support reinvestment in the club's operations.

Manchester United (NYSE: MANU) announced key leadership changes and financial results for Q2 2022, ending December 31, 2021. Richard Arnold has been appointed as the new CEO, effective February 1, 2022. The club reported a 7.3% revenue growth, totaling £185.4 million, despite COVID-19 match postponements. Matchday revenue surged by 2,206.7% to £34.6 million, while broadcasting revenue fell by 20.5%. The club's net debt rose to £494.8 million. The launch of a Fans' Advisory Board and new sponsorship deals were also announced, signifying strategic engagement with fans.

Manchester United plc (NYSE: MANU) will report its second-quarter fiscal 2022 results on March 1, 2022, at 7:00 AM EST, followed by a conference call at 8:00 AM EST. The club will also participate in several conferences, including JP Morgan's Gaming, Lodging, Restaurant & Leisure Management Access Forum on March 7-8 and Deutsche Bank's Media Conference from March 14-16. Manchester United boasts a rich 144-year history with 66 trophies and a global fan base of 1.1 billion, generating significant revenue through various channels to support the club's continuous reinvestment.

Manchester United (NYSE: MANU) has announced a multi-year partnership with Tezos, integrating its branding into the Club's training kits for both men's and women's teams. This initiative aims to introduce fans to Web3 technology before the upcoming match against Southampton. Tezos is lauded for its eco-friendly design and adaptability, allowing seamless upgrades. The partnership also promises new fan experiences and ongoing donations to the Manchester United Foundation, aimed at educating and inspiring local youth through the Tezos blockchain.

Manchester United (NYSE: MANU) has appointed Richard Arnold as CEO effective February 1, 2022, succeeding Ed Woodward, who steps down as Executive Vice-Chairman. Arnold expressed his commitment to honor the role and contribute positively to the club. Joel Glazer, Executive Co-Chairman, emphasized the opening of a new chapter under Arnold’s leadership, focusing on investment in Old Trafford, enhancing fan engagement, and striving for on-pitch success. The company boasts a rich history of 66 trophies and a global community of 1.1 billion fans, generating significant revenue from diverse sources.

Manchester United announced the appointment of Ralf Rangnick as Interim Manager for the current season, pending work visa approval. Following his interim period, Rangnick will transition into a consultancy role for two additional years. Football Director John Murtough highlighted Rangnick's extensive coaching experience and leadership qualities, making him the club's top choice. Rangnick expressed enthusiasm about leading a talented squad and aims to maximize their potential as a team. Michael Carrick will continue managing the First Team until Rangnick's visa is finalized.