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Man Utd Cuts Financial Forecast After Early Champions League Exit

Football - Champions League - Group A - Manchester United v Bayern Munich - Old Trafford, Manchester, Britain - December 12, 2023 General view of a corner flag inside the stadium before the match. (Reuters)
Football - Champions League - Group A - Manchester United v Bayern Munich - Old Trafford, Manchester, Britain - December 12, 2023 General view of a corner flag inside the stadium before the match. (Reuters)
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Man Utd Cuts Financial Forecast After Early Champions League Exit

Football - Champions League - Group A - Manchester United v Bayern Munich - Old Trafford, Manchester, Britain - December 12, 2023 General view of a corner flag inside the stadium before the match. (Reuters)
Football - Champions League - Group A - Manchester United v Bayern Munich - Old Trafford, Manchester, Britain - December 12, 2023 General view of a corner flag inside the stadium before the match. (Reuters)

Manchester United lowered its full-year revenue and profit forecasts on Wednesday, after the English Premier League club was knocked out of this season's European Champions League football tournament.

The cut comes as a blow to British billionaire Jim Ratcliffe, who struck a long-awaited deal last month to buy a 25% stake in the club to try to revive its fortunes.

The English club reported a smaller net loss of 25.8 million pounds ($32.7 million) for the first quarter ended Sept. 30, compared with 26.5 million pounds a year earlier.

The 20-times English champions now expects full-year revenue of 635-665 million pounds, less from its previous forecast of 650-680 million pounds.

It expects adjusted core profit of 125-150 million pounds, compared with 140-165 million pounds earlier.

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Sinner Has his Steroid Case Appealed by World Anti-Doping Agency

Italy's Jannik Sinner hits a return against Chile's Nicolas Jarry during their men's single round of 32 match at the China Open tournament in Beijing on September 26, 2024. (Photo by STRINGER / AFP)
Italy's Jannik Sinner hits a return against Chile's Nicolas Jarry during their men's single round of 32 match at the China Open tournament in Beijing on September 26, 2024. (Photo by STRINGER / AFP)
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Sinner Has his Steroid Case Appealed by World Anti-Doping Agency

Italy's Jannik Sinner hits a return against Chile's Nicolas Jarry during their men's single round of 32 match at the China Open tournament in Beijing on September 26, 2024. (Photo by STRINGER / AFP)
Italy's Jannik Sinner hits a return against Chile's Nicolas Jarry during their men's single round of 32 match at the China Open tournament in Beijing on September 26, 2024. (Photo by STRINGER / AFP)

The steroid case involving top-ranked tennis player Jannik Sinner was appealed by the World Anti-Doping Agency, the Montreal-based body known as WADA announced Saturday.

According to The Associated Press, WADA said it is seeking a ban of one to two years for the US Open champion.

Sinner tested positive twice for an anabolic steroid in March but was not banned in a decision by an independent tribunal announced by the International Tennis Integrity Agency (ITIA) on Aug. 20 because the ITIA determined he was not to blame.

Sinner’s accepted explanation was that the banned performance-enhancer entered his system unintentionally through a massage from his physiotherapist, who used a spray containing the steroid to treat their own cut finger.

WADA said it filed an appeal on Thursday to the Switzerland-based Court of Arbitration for Sport.

“It is WADA’s view that the finding of ‘no fault or negligence’ was not correct under the applicable rules,” WADA said in a statement. “WADA is seeking a period of ineligibility of between one and two years. WADA is not seeking a disqualification of any results, save that which has already been imposed by the tribunal of first instance."