Manchester United post £6.6 million loss amid this reason: Details
What's the story
Manchester United have reported a net loss of £6.6 million ($8.83 million) for the first quarter of the fiscal year ending September 30. This is a stark contrast to last year's loss of £6.9 million during the same period. The decline in revenue is mainly attributed to the club's absence from European competitions this season, which has affected broadcasting revenues and ticket sales significantly.
Financial adjustments
Revenue and wage reductions contribute to net loss
The club's total revenue for the quarter fell by 2%, while player and staff wages were reduced by 8.2% due to job cuts, as per a statement released by the club. These measures were taken as part of a broader effort to address financial challenges after six consecutive years of losses. Despite these difficulties, Manchester United has maintained its fiscal 2026 revenue guidance at £640 million-£660 million, with an underlying profit forecast of £180 million-£200 million.
Leadership perspective
CEO Berrada emphasizes transformation and resilience
Omar Berrada, the club's CEO, stressed the importance of difficult decisions made over the past year. He said these choices have led to a lower cost base and a more efficient organization. "These robust financial results reflect the resilience of Manchester United as we make strong progress in our transformation of the club," he said.
Ownership impact
Ratcliffe's minority ownership and ticket price increase
Jim Ratcliffe, a minority owner with around 29% stake who oversees football operations, has raised ticket prices. This comes despite the club spending nearly £230 million in the summer transfer window and announcing plans for a new £2 billion stadium with a capacity of 100,000 seats. The absence from European competitions this season is hurting broadcasting revenue and increasing financial pressure on Manchester United.
Information
Can Manchester United qualify for Europe?
In the 2025-26 Premier League season, the Red Devils are currently placed 6th with 25 points from 15 matches. They own 7 wins, 4 draws and 4 defeats. The club needs to finish top 7 to qualify for Europe.
Last season
Manchester United failed to win Europa League trophy last season
Manchester United missed out on Champions League football for the 2025-26 season after losing 0-1 to Tottenham Hotspur in the final of the UEFA Europa League in Bilbao. Ruben Amorim's men saw Tottenham gain an European berth with that defeat. Brennan Johnson's 42nd minute goal was the difference in the Europa League final. It was Man United's first and only defeat in last season's Europa League. Notably, both sides struggled in the Premier League last season. Man United finished 15th with Spurs taking 17th place.