Manchester United’s losses have increased even though they have achieved record revenues this year

British billionaire Jim Ratcliffe, the founder of the INEOS Chemicals company, is interviewed by The Associated Press at the Iffley Road Track

Manchester United announced losses of 113.2 million pounds ($148 million) for the year ending June 30 in their latest financial report, despite reaching record revenues of 661.8 million pounds ($866 million). The Premier League team,…