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Man United financial losses widen as broadcast revenue slips

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Old Trafford stadium Reuters

Manchester United on Thursday reported a wider net loss in the third quarter as broadcast revenue slipped and player wages grew, days after the Premier League club failed to qualify for next season's lucrative European Champions League.

The English soccer club secured a spot in next season's Europa League after ending the domestic league campaign in sixth place with 58 points - their lowest tally in the Premier League era.

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