Premier League
Manchester United Records Loss As Revenue Drops Without European Football
Manchester United reported a first-quarter net loss on Thursday, driven by reduced broadcasting revenue and ticket sales as the team participates in no European competitions this season.
The Old Trafford club posted a net loss of £6.6 million ($8.83 million) for the quarter ending September 30, versus a £1.4 million profit a year earlier.
Total revenue for the quarter declined by 2%, while player and staff wages fell by 8.2% owing to job cuts.
”The difficult decisions we have made in the past year have resulted in a sustainably lower cost base and a more streamlined, effective organisation equipped to drive the club towards improved sporting and commercial performance over the long term,” CEO Omar Berrada said in a statement.
Manchester United has resorted to job cuts and other cost-saving steps after recording six straight years of financial losses, highlighting the ongoing challenges faced by the 20-time English champions.
Despite struggles both on and off the pitch, the club has maintained its fiscal 2026 revenue outlook.
United still expects to generate between £640m and £660m in revenue, with a projected core profit of £180m to £200m.
Minority owner Jim Ratcliffe, who owns about 29% of the club and oversees football operations, has raised ticket prices.
This comes despite United spending around £230 million in the summer transfer window and unveiling plans for a new £2 billion, 100,000-seat stadium. The club’s absence from European competitions this season is reducing broadcasting income and adding to financial strain.
These pressures have intensified criticism from supporters as the team continues to struggle domestically.
