Manchester United report seventh straight annual loss despite record revenue

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Manchester United report seventh straight annual loss despite record revenue

The Guardian · 24 minutes ago

Manchester United announced their seventh consecutive annual loss on Wednesday, reporting a net loss of £43m for the year ended 30 June 2026, which widened from £33m the previous year. Despite record revenue of £677.6m, costs related to player acquisitions and the departure of head coach Ruben Amorim have pushed the club deeper into deficit, highlighting the challenge of balancing squad investment with financial sustainability despite Sir Jim Ratcliffe's efforts to improve profitability through job cuts and ticket price increases. The club has accumulated nearly £190m in cumulative losses since fiscal 2024.

The loss included an exceptional cost of £8.2m from Amorim's departure and restructuring, though this was partially offset by reducing the wage bill to £302m (down 3.6% year-on-year). United's financial difficulties were announced despite a late surge under interim manager Michael Carrick securing third place in the Premier League and Champions League qualification for next season, allowing the club to forecast record revenues of £740m–£760m for fiscal 2027. However, the share price fell 3% in premarket trading following the announcement, suggesting investor concerns about whether record revenues can translate into profitability.

  • Manchester United post 7th consecutive loss despite record £677.6m revenue
  • £43m net loss reflects £8.2m Amorim departure costs and player spending
  • Club forecasts further revenue growth to £740m–£760m next year

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