Manchester United have suffered their biggest financial loss in nearly eight years as a result of Donald Trump's new tax reforms in America.
United were knocked into the red by a non-cash write-off of £48.8million, leading to an overall loss of £29m for the six months to December 31, according to the club's latest financial figures announced on Thursday.
It represents United's worst results since a third-quarter loss of £65.8m in 2010. In the same period last year, they had made a profit of £18.7m.
