Manchester United reports record revenues alongside mounting debts

Manchester United has announced record-breaking revenues of £677.6 million for the fiscal year ending June 30, 2026, marking a 1.7% increase. Despite this commercial success, the club reported a net loss of £43 million, representing its seventh consecutive year of financial losses totaling £444 million since 2019. The increased deficit is attributed to compensation payments, including the departure of Ruben Amorim, and a sharp rise in net financing costs, which tripled to £69.2 million.

Simultaneously, the club's net debt has climbed to £577.6 million. While payroll costs were reduced by 3.6% to £301 million under Sir Jim Ratcliffe's cost-cutting measures, the club faces significant financial pressure. Despite missing European competition last season, the club achieved an operating profit of £22.6 million. Manchester United is currently competing in the Champions League for the 2026/27 season, which is expected to bolster future revenues. In a secondary development, the club has begun selling pieces of the historic Old Trafford pitch, which was replaced for the first time in 14 years.