"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."
"You may like Manchester United minority owner Sir Jim Ratcliffe (Image credit: Getty Images) Man United's operating expenses fell by 35m for the period in question, reflecting difficult financial decisions made at executive level since INEOS's arrival at Old Trafford. The club posted record revenues of 666.5m for 2024-25, indicating Man United's commercial and matchday retail performance remains strong despite on-field trouble. To have generated record revenues during such a challenging year for the club demonstrates the resilience which is a hallmark of Manchester United, chief executive Omar Berrada said."
Manchester United implemented a cost-cutting programme after INEOS and Sir Jim Ratcliffe's arrival, leading to lower operating expenses and a smaller net loss. Net loss fell from £113 million to £33 million for the 2024-25 season while operating expenses declined by £35 million. The club posted record revenues of £666.5 million driven by strong commercial and matchday retail performance despite poor on-field results. The wage bill was £313.2 million, about £52 million lower than the previous season. As at 30 June 2025 the club still owed £537.3 million. Omar Berrada emphasized commercial resilience and potential for improved financial performance to support on-pitch success.
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