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Evening Standard
Evening Standard
Business
Daniel O'Boyle

$200 million wiped off Man United's value as club warns on profits because of early Champions League exit

UEFA Champions League United States Jim Ratcliffe Manchester United

Manchester United shares slid in early trading in the US, wiping about $200 million off its market value, after the club warned on profits because of its early Champions League exit.

The board of Man United said the club’s early exit from the Champions League proved costly. United were knocked out in the group stage, finishing bottom - meaning no Europa League football either - after conceding 15 goals in six games.

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