Man Utd post sixth straight annual loss despite record revenues
The Peninsula
London: Manchester United on Wednesday reported an annual net loss for the sixth consecutive year despite record revenues of 666.5 million ($910 mill...
London: Manchester United on Wednesday reported an annual net loss for the sixth consecutive year despite record revenues of £666.5 million ($910 million).
The Red Devils were without Champions League football in 2024/25 and stumbled home 15th in the Premier League -- their lowest top-flight finish in 51 years.
Ruben Amorim's men reached the final of the Europa League but lost to Tottenham in Bilbao.
Revenue marginally increased by 0.7 per cent to £666.5 million in the year ending June 30, 2025 while the operating loss fell significantly from £69.3 million to £18.4 million compared with the previous 12 months.
Overall losses dropped significantly from £113.2 million to £33 million after co-owner Sir Jim Ratcliffe oversaw wide-ranging, and often unpopular, cost-cutting measures, including widespread job cuts.
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