Man United announce record revenues of £665.5MILLION despite losing £18.4m

Manchester United have recorded record revenues – but still lost £18.4m

Despite recording a lowest Premier League finish of 15th, the Old Trafford outfit turned over £666.5m, which is the highest figure in the club’s history.

Six months ago, minority owner Sir Jim Ratcliffe claimed the club had risked running out of money before the end of 2025.

However, the restructuring that his Ineos group has put in place, which has resulted in more than 300 redundancies, has driven down costs.

The figures are to the end of June and do not include the major impact of the club’s summer transfer business, in which around £200m was spent on recruiting Matheus Cunha, Bryan Mbeumo, Benjamin Sesko and Senne Lammens.

Player wages were down with the club’s failure to play in the Champions League having an impact, along with the departure of some of their higher earners. That is likely to be the case again this season, with United failing to qualify for Europe altogether.

Last year, United reported a net loss of £113.2m.

Chief Executive Omar Berrada said: ‘As we settle into the 2025/26 season, we are working hard to improve the club in all areas. 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.

'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.

‘We are also investing to upgrade our infrastructure, including completion of the £50m redevelopment of our men’s first team building at Carrington, on time and on budget, following prior investment in our women’s team facilities, to create a world-class environment for our players and staff.

'Meanwhile, planning continues to meet our ambition of developing a new stadium at Old Trafford as part of a transformational regeneration of the surrounding community.

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

'Our commercial business remains strong as we continue to deliver appealing products and experiences for our fans, and best-in-class value to our partners.

'As we start to feel the benefits of our cost-reduction programme, there is significant potential for improved financial performance, which will, in turn, support our overriding priority: success on the pitch.’