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| Manchester United |
Manchester United have reported a £43 million annual net loss despite generating a record £677.6 million in revenue during the financial year ending June 30, 2026.
The latest figures represent an increase of almost one-third in the club’s net loss and mark United’s seventh consecutive year of recording an after-tax loss.
Despite the financial setback, the club’s revenue rose by 1.7 per cent, with broadcasting income providing the biggest boost.
United’s broadcasting revenue increased by almost 20 per cent after the club finished third in the Premier League, a significant improvement from their 15th-place finish the previous season.
However, commercial and matchday revenues both dropped by almost five per cent during a campaign in which United did not compete in European competitions.
The club also recorded £8.2 million in exceptional costs, most of which were linked to the departure of former manager Ruben Amorim, who left his position in January after 14 months in charge.
Michael Carrick subsequently took over and guided United to Champions League qualification.
The club’s accounts also revealed a £63.5 million payment for land next to the Old Trafford site as part of plans to develop a new stadium with a proposed capacity of 100,000.
Since acquiring a stake in United in February 2024, co-owner Jim Ratcliffe has introduced a series of cost-cutting measures, including significant reductions in the club’s workforce.
Despite the latest loss, United chief executive Omar Berrada said the financial results highlighted the club’s strong commercial position.
“This shows the direct impact of the work we have been doing over the past two years,” Berrada said.
It also proves Manchester United’s enduring popularity and commercial strength.
While these results confirm that we are on the right trajectory, we will continue to take a disciplined approach to ensure our finances remain sustainable.”
Manchester United are now projecting revenue of between £740 million and £760 million for the current financial year, which would represent another significant increase if achieved.