Manchester United losses jump nearly a third to $57m despite record revenue

Published On 23 Sep 202623 Sep 2026.

Key points

• The Red Devils documented 677.6 million pounds ($897.8m) in revenue in the year to June 30, up 1.7 percent.
• United expect revenue of between 740 million pounds ($980m) and 760 million pounds ($1bn) in the current financial year.
• Manchester United's annual net loss rose by almost one third to 43 million pounds ($57m) despite record-breaking revenues unveiled on Wednesday.
• United's accounts indicated that they paid 8.2 million pounds (10.9m) in exceptional items, mostly related to the departure of Amorim.
• After completing a accord to purchase a stake in the club in February 2024, ratcliffe has overseen wide-ranging, and often unpopular, cost-cutting measures, including widespread job cuts.

Meanwhile, the Red Devils documented 677.6 million pounds ($897.8m) in revenue in the year to June 30, up 1.7 percent.

Nevertheless, the football club unveiled a seventh straight annual loss after taxes as co-owner Jim Ratcliffe's cuts to operating costs offset contractual payments to sacked manager Ruben Amorim and a major rise in loan repayments.

Meanwhile, the latest earnings relate to a turbulent 2025-26 season. It saw former United player Michael Carrick replace Amorim and secure qualification for the Champions League.

For context, the growth in revenue was driven by an uptick in broadcasting income, boosted by a third-place finish in the Premier League, up from 15th the previous season.

But commercial and match-day income each fell close to five percent during a season in which there were no European fixtures. Broadcasting income jumped almost 20 percent.

United's accounts indicated that they paid 8.2 million pounds (10.9m) in exceptional items, mostly related to the departure of Amorim. This person left in January after 14 months in charge.

Accounts additionally disclosed that the club paid 63.5 million pounds ($84m) to acquire land adjacent to stadium site Old Trafford, on which they plan to build a new 100, 000-capacity arena.

Man United CEO Omar Berrada remarked the latest figures demonstrated the club's underlying strength.

This shows the direct impact of the work we have been doing over the past two years, he remarked in an official note. It additionally proves Manchester United's enduring popularity and commercial strength.

"While these results confirm that we are on the right trajectory, we will continue to take a disciplined approach to ensure our finances remain sustainable, " he continued.

Carrick's team has began the new season poorly despite signing a clutch of new players in the summer transfer window.

United have taken only five points from their five Premier League games – equalling the club's worst-ever start to a season – and last week crashed out of the English Football League (EFL) Cup.

For now, manchester United losses jump nearly a third to $57m despite record revenue remains the part of the story worth watching, and further updates are likely as more details are confirmed.