
"The club were without Champions League football in 2024-25 and finished 15th in the Premier League but their revenue marginally increased by 0.7%. Accounts for the year ending 30 June 2025 show United's operating loss fell from 69.3m to 18.4m compared with the previous 12 months. Overall losses dropped from 113.2m to 33m after the co-owner Sir Jim Ratcliffe oversaw wide-ranging, and often unpopular, changes at a club he claimed in March had gone one off the rails as a business."
"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 which is a hallmark of Manchester United As we start to feel the benefits of our cost-reduction programme, there is significant potential for improved financial performance,"
Manchester United recorded revenues of 666.5m for the year ending 30 June 2025, a 0.7% increase despite absence from Champions League football and a 15th-place Premier League finish. The club reported an overall loss of 33m, with operating loss reduced from 69.3m to 18.4m and overall losses down from 113.2m. Co-owner Sir Jim Ratcliffe oversaw wide-ranging changes and warned the club would have gone bust at Christmas without tough decisions. Chief executive Omar Berrada highlighted summer squad additions, structural and leadership change, and a streamlined organisation. United expect 640m–660m revenue next year and EBITDA around 180m–200m, with broadcasting revenue down 48.9m to 172.9m.
Read at www.theguardian.com
Unable to calculate read time
Collection
[
|
...
]