Man Utd post sixth straight annual loss despite record revenues

Manchester United connected Wednesday reported an yearly nett nonaccomplishment for the sixth consecutive twelvemonth contempt grounds revenues of £666.5 cardinal ($910 million).

The Red Devils were without Champions League shot successful 2024/25 and stumbled location 15th successful the Premier League — their lowest top-flight decorativeness successful 51 years.

Ruben Amorim’s men reached the last of the Europa League but mislaid to Tottenham successful Bilbao.

Revenue marginally accrued by 0.7 per cent to £666.5 cardinal successful the twelvemonth ending June 30, 2025 portion the operating nonaccomplishment fell importantly from £69.3 cardinal to £18.4 cardinal compared with the erstwhile 12 months.

Overall losses dropped importantly from £113.2 cardinal to £33 cardinal aft co-owner Sir Jim Ratcliffe oversaw wide-ranging, and often unpopular, cost-cutting measures, including wide occupation cuts.

Chief enforcement Omar Berrada said successful a connection connected Wednesday United were opening to consciousness the benefits of their cost-saving measures, adding the nine were gathering for the “long term”.

“On the field, we are pleased with the additions we person made to our men’s and women’s first-team squads implicit the summer, arsenic we physique for the long-term,” helium said.

“Off the field, we are emerging from a play of structural and enactment alteration with a refreshed, streamlined organisation equipped to present connected our sporting and commercialized objectives.

“To person generated grounds revenues during specified a challenging twelvemonth for the nine demonstrates the resilience which is simply a hallmark of Manchester United.”

The commencement of a five-year garment sponsorship woody with Snapdragon fulled grounds commercialized revenues of £333.3 cardinal portion the nine achieved grounds matchday revenues of £160.3 million.

United are expecting the adjacent fiscal twelvemonth to bring successful gross of £640 cardinal to £660 cardinal contempt being without European shot for the archetypal clip since 2014/15.

In January, Deloitte ranked United fourth successful its yearly Football Money League, down Real Madrid, Manchester City and Paris Saint-Germain, showing the robustness of the club’s finances contempt years of under-achievement.

The squad person started the caller play poorly, taking conscionable 4 points from their archetypal 4 matches successful the Premier League, their worst to a league run since 1992/93.

Manager Amorim, whose squad besides crashed retired of the League Cup astatine the hands of fourth-tier Grimsby, is nether immense unit up of Saturday’s location lucifer against Chelsea astatine Old Trafford.

The station Man Utd station sixth consecutive yearly nonaccomplishment contempt grounds revenues appeared archetypal connected Vanguard News.