PGA boss Monahan says truce with LIV 'off the table'
US PGA Tour commissioner Jay Monahan says the idea of a peace deal with the LIV Golf Series is "off the table" as the sport's civil war deepens.
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US PGA Tour commissioner Jay Monahan says the idea of a peace deal with the LIV Golf Series is "off the table" as the sport's civil war deepens.
Manchester United on Thursday announced a net loss of 115.5 million pounds ($130.4 million, 132.2 million euros) for the 2021/22 season even though revenues rose to 583 million pounds as coronavirus restrictions eased. The financial year to June 30, 2022 also brought a 22 per cent rise in debt and a 19 per cent increase in wages. The 20-time English champions' net debt increased from 419.5 million in 2021 to 514.9 pounds million pounds. United attributed the rise in debt mainly to the fall of the pound which increased the value of US dollar borrowings.
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Manchester United said the club has 'a lot more work to do' as executives targeted an improved performance on the pitch and set out financial goals for 2022-23 after ending the previous year deep in the red.
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