Manchester United Returns To Profit Amid Cost-Cutting Measures

‎Manchester United reported a second-quarter profit on Wednesday as cost-cutting measures started to take effect, although lower sponsorship income and ticket sales from missing out on European competitions limited overall earnings.

‎Over the past year, the club implemented savings including job cuts and reductions in staff perks. These steps follow six consecutive years of financial losses caused by underperformance both on and off the pitch.

‎”We are now seeing the positive financial impact of our off-pitch transformation materialise ‌both in our costs and profitability,” ⁠CEO Omar Berrada said.

‎After a turbulent run in the Premier League since last season, the 20-time English champions appear to have stabilized under interim manager and former midfielder Michael Carrick, who took over from Ruben Amorim in January.

‎Since his appointment, United have been the league’s most in-form team in 2026. They currently sit fourth with 48 points, keeping them on track for a potential spot in next season’s UEFA Champions League.

‎United’s results ‌come weeks after minority owner Jim Ratcliffe was forced to apologise for saying the UK had been “colonised by immigrants”, drawing widespread criticism, including from Prime Minister Keir Starmer and the club’s fan groups.

‎The club’s debt swelled 37% to 295.7 million pounds at the end of 2025, while cash and cash equivalents fell to 44.4 million pounds from 95.5 million pounds ‌a year earlier.

‎United posted a net profit of £4.2 million ($5.67 million) for the quarter ending December 31, a sharp turnaround from the £27.7 million loss recorded during the same period last year.

‎The club also reaffirmed its full-year financial outlook, projecting annual revenue between £640 million and £660 million, with expected profits ranging from £180 million to £200 million.