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Red Devils report record loss

London - Manchester United have reported a record overall loss of 83.6 million pounds last season despite operating profits exceeding 100 million pounds for the first time.

The Red Devils also became the first English club to break the 100 million pound operating profit barrier.

The Premiership giant's record losses are a big swing from the 25.5 million pound profit from the previous financial year, which came after the sale of Cristiano Ronaldo to Real Madrid for a world record 80 million pounds.

Matches were played last season against the backdrop of mounting protests against the club's American owners, the Glazer family, as heavily-indebted United missed out on a fourth straight league title.

United did show the strength of its global commercial operations in the year up to June 30 by reporting a record turnover of 286.4 million pounds.

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