"While revenues reached historic levels, the club still recorded an operating loss of 18.4m. However, this was a significant improvement on the 69.3m loss reported in 2024, reflecting the positive impact of cost management and new commercial strategies. Part of the financial burden came from 36.6m in exceptional costs, including the compensation packages following the departure of former manager Erik ten Hag and his backroom staff."
"On the revenue side, the Red Devils celebrated growth across key areas: Matchday income rose by 17%, driven by record-breaking ticket sales and memberships. Despite the lack of Champions League football, Old Trafford remained a packed venue throughout the season, with fan engagement higher than ever."
"Commercial revenue grew by 10%, marking the first full year of United's lucrative front-of-shirt sponsorship deal with Snapdragon, which has been described as one of the most valuable partnerships in world football. Looking ahead, Manchester United have introduced revenue guidance for fiscal 2026, projecting between 640m and 660m, alongside an adjusted EBITDA forecast of 180m to 200m. This suggests the club expects slightly lower revenues in the short term, but a stronger operating margin as cost-reduction measures begin to take effect."
Manchester United achieved record revenues of 666.5 million for fiscal 2025 despite not featuring in the UEFA Champions League. The club recorded an operating loss of 18.4 million, an improvement from a 69.3 million loss in 2024 driven by cost management and commercial strategies. Exceptional costs totalled 36.6 million, including compensation linked to the departure of the former manager and his staff. Matchday income rose 17% on record ticket sales and memberships, and commercial revenue grew 10% during the first full year of the Snapdragon front-of-shirt sponsorship. The club issued 2026 revenue guidance of 640–660 million and adjusted EBITDA guidance of 180–200 million, indicating expectations of tighter revenues but improved margins. Club leadership signalled optimism regarding squad additions and ongoing structural changes.
Read at www.caughtoffside.com
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