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Article Date: February 2018
Word Count: 85

Manchester United Swings to Loss on Tax Write Down

A £48.8 million non-cash write down of its U.S. deferred tax asset precipitated by tax reform resulted in a loss of £29,086,000 ($38.6 million) against profit of £17,533,000 in the fiscal second quarter ended Dec. 31. Total revenues expanded 4% to £163,962,000 ($217.5 ... Log in to view full article.


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