Manchester United posts £43 million loss despite record £677.6 million revenue

Manchester United announced on Wednesday the 23rd that it posted a deficit of £43 million (R$ 292 million) for the 2025‑2026 financial year, even though the club recorded a record £677.6 million (R$ 4.6 billion) in revenue, up 1.7 percent.

Costs outweigh cost‑cuts

The loss follows seven consecutive years of rising debt, as cost‑saving measures introduced by co‑owner Jim Ratcliffe failed to offset the payout for former Portuguese manager Rúben Amorim. Exceptional expenses totalled £8.2 million, most of which covered Amorim’s termination after his dismissal in January.

British press estimates the termination package for Amorim and his staff at £16.7 million (R$ 113.7 million), although the contract stipulated a reduction should he join another club – a move that materialised when he signed for Milan in June.

Revenue mix and investment

Broadcast income rose by almost 20 percent after United finished third in the Premier League, yet commercial and match‑day revenues fell around 5 percent in a season without European competition.

The club also spent £63.5 million (R$ 432.4 million) acquiring land adjacent to Old Trafford for a planned 100‑thousand‑seat stadium.

Since becoming co‑owner in February 2024, Jim Ratcliffe has implemented extensive cost reductions, including staff cuts, which have proved unpopular.

On the sporting side, Michael Carrick’s appointment as manager has steadied the ship, guiding United back into the Champions League.

Nevertheless, United’s league start was poor, gathering only five points from the first five matches – matching the club’s worst ever opening run – and the side was knocked out of the English League Cup last week.

In a separate social‑media note, the club posted: “Youri Bruno Does this lovely link‑up get your vote for our September Goal of the Month award?” on 23 September 2026.