Manchester United Announce Record Revenue Despite Redundancies And Poor Form

‎Manchester United reported an annual net loss for the sixth year running, even as revenues reached a record £666.5 million.

‎The club ended the 2024/25 season without Champions League football and finished 15th in the Premier League, their lowest top-flight ranking in 51 years.

‎Ruben Amorim’s men reached the final of the Europa League but lost to Tottenham in Bilbao.

‎Revenue marginally rose by 0.7% to £666.5 million in the year ending June 30, 2025, while the operating loss improved from £69.3 million to £18.4 million compared with the previous 12 months.

‎Overall losses decreased significantly from £113.2 million to £33 million after co-owner Sir Jim Ratcliffe implemented wide-ranging cost-cutting measures.

‎These measures were often unpopular and included widespread job cuts as part of the broader effort to reduce expenses.

‎Chief executive Omar Berrada said in a statement on Wednesday that United were beginning to feel the benefits of their cost-saving measures, adding the club was building for the “long term”.

‎”On the field, we are pleased with the additions we have made to our men’s and women’s first-team squads over the summer, as we build for the long-term,” he said.

‎”Off the field, we are emerging from a period of structural and leadership change with a refreshed, streamlined organisation equipped to deliver on our sporting and commercial objectives.

‎”To have generated record revenues during such a challenging year for the club demonstrates the resilience that is a hallmark of Manchester United.”

‎The start of a five-year shirt sponsorship deal with Snapdragon contributed to record commercial revenues of £333.3 million, while matchday revenues reached a record £160.3 million.

‎United expects the next financial year to generate total revenue between £640 million and £660 million, despite being without European football for the first time since 2014/15.

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

‎The team has endured a difficult start to the season, collecting only four points from their opening four Premier League games their worst beginning since 1992/93.

‎They also suffered an embarrassing League Cup exit to fourth-tier Grimsby.

‎As a result, manager Amorim faces intense pressure ahead of Saturday’s home clash with Chelsea at Old Trafford.