Manchester United have reported a record £666.5 million in revenues during the 2025 fiscal year, Afrosport reports.
The Red Devils made these gains despite failing to qualify for the UEFA Champions League which cost them £50 million after finishing 15th in the Premier League and lost the UEFA Europa League final to Tottenham Hotspur.
The club’s revenue increased by 0.7% to £666.5 million while operating loss fell from £69.3 million to £18.4 million.
Following a wide range of sweeping cost-cutting measures by co-owner Jim Radcliffe, United’s overall losses dropped from £113.2 million to £33 million.
Chief Executive Omar Berrada in a statement per ESPN said: “As we settle into the 2025-26 season, we are working hard to improve the club in all areas.
“On the field, we are pleased with the additions we have made to our men’s and women’s first-team squads over the summer, as we build for the long term.
“Off the field, we are emerging from a period of structural and leadership change with a refreshed, streamlined organization equipped to deliver on our sporting and commercial objectives.
“To have generated record revenues during such a challenging year for the club demonstrates the resilience which is a hallmark of Manchester United.
“Our commercial business remains strong as we continue to deliver appealing products and experiences for our fans, and best-in-class value to our partners.
“As we start to feel the benefits of our cost-reduction program, there is significant potential for improved financial performance, which will, in turn, support our overriding priority: success on the pitch.”
United are not participating in any European competition for the ongoing 2025-26 season, making it the first time such has happened since the 2014-15 campaign after finishing seventh in the first season without legendary manager Alex Ferguson.
They are however still projecting to earn between £640 million to £660 million for the 2026 fiscal year.
