Manchester United\u2019s 2024\u201325 financial report presents a clear paradox: a club-record revenue figure alongside a reported net loss. The accounts cover the 12 months to June 30, 2025, and show the club made a \u00a333 million net loss, a marked improvement on the \u00a3113.2 million loss a year earlier and the more than \u00a3115 million shortfall reported in 2021\u201322.<\/p>\n
Commercial income was the engine behind the revenue high. Commercial revenue grew by 10% from 2023\u201324, helped by the first year of the Qualcomm Snapdragon partnership, a new ecommerce model that boosted retail, merchandising and licensing, and a first ever postseason tour that included friendlies in Malaysia and Hong Kong. A newly announced Coca-Cola partnership will be recorded in the 2025\u201326 accounts.<\/p>\n
Matchday revenue also rose, driven by a greater number of home matches and continued demand for hospitality packages. Broadcast income, however, fell by 22% as United did not compete in the Champions League; Europa League participation generated some broadcast receipts but could not match the primary competition\u2019s rewards. The club also notes it will have no European income for 2025\u201326 for the first time in 11 years.<\/p>\n
Costs remain the reason for the loss, but the trend is toward restraint. Operating costs fell 4.5% year on year, and the wage bill dropped by 14%, partly because Champions League qualification was not achieved and associated automatic cuts applied. Additional savings have come from removing high salaries: Antony was permanently sold, Marcus Rashford is being paid fully by Barcelona while on loan, and Aston Villa cover the majority of Jadon Sancho\u2019s wages. The club is now thought to be spending less on wages than Manchester City, Liverpool, Chelsea and Arsenal.<\/p>\n
Since taking day-to-day control in early 2024, Sir Jim Ratcliffe has implemented significant cost-cutting, including roughly 500 redundancies. The accounts also record \u00a336.6 million in exceptional items related to the dismissal of Erik ten Hag and his staff and costs to release Ruben Amorim from his Sporting CP contract. United say they are \u201cin compliance with both the Premier League\u2019s Profit and Sustainability Rules and UEFA\u2019s Financial Fair Play Regulations\u201d.<\/p>\n
Up front, the squad has been strengthened with the signings of Matheus Cunha, Bryan Mbeumo and Benjamin \u0160e\u0161ko.<\/p>\n","protected":false},"excerpt":{"rendered":"
Record revenue in 2024\u201325 but a \u00a333m net loss; costs, cuts and commercial strength explained. Update<\/p>\n","protected":false},"author":1,"featured_media":2882,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[179,969],"tags":[1038,1021,226],"class_list":["post-2883","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manchester-united","category-premier-league","tag-accounts-2024-25","tag-amorim","tag-antony"],"_links":{"self":[{"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/posts\/2883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/comments?post=2883"}],"version-history":[{"count":0,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/posts\/2883\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/media\/2882"}],"wp:attachment":[{"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/media?parent=2883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/categories?post=2883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/tags?post=2883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}