By Jeremy Cross,Neil Docking

Copyright dailystar

Manchester United have reported record revenues in their latest set of financial results despite ending last season and beginning this Premier League campaign in turmoil.

The club, now under the co-ownership of the Glazer family and Sir Jim Ratcliffe, today announced financial results for the 2025 fiscal fourth quarter and 12 months ended June 30, 2025. After finishing 15th in the Premier League and losing the Europa League final last term under Ruben Amorim – in their worst season in 50 years since getting relegated in 1974 – the fallen giants still achieved quarter four revenues of £164.1million, which contributed to record fiscal 2025 total revenues of £666.5million.

Commercial revenues were £88.2million and total commercial revenues were a record £333.3million in fiscal 2025, the first year of United’s five-year front of shirt sponsorship agreement with Snapdragon. Matchday revenues were £37.2million and contributed to record fiscal 2025 Matchday revenues of £160.3million.

The operating loss for the year was £18.4million, compared to an operating loss of £69.3 million in fiscal 2024. And the club also highlighted a successful pre-season tour of Sweden and the United States; new sponsorship deals with Coca-Cola, Sokin and Parimatch and renewed partnerships with STATSports, Canon and Sportsbreaks; and the completion of the £50m investment in its Carrington Training Complex “on time and on budget, delivering world-class facilities for our players and staff”.

Omar Berrada, United’s chief executive officer, 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 organisation equipped to deliver on our sporting and commercial objectives.

“We are also investing to upgrade our infrastructure, including completion of the £50m redevelopment of our men’s first team building at Carrington, on time and on budget, following prior investment in our women’s team facilities, to create a world-class environment for our players and staff.

“Meanwhile, planning continues to meet our ambition of developing a new stadium at Old Trafford as part of a transformational regeneration of the surrounding community.

“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 programme, there is significant potential for improved financial performance, which will, in turn, support our overriding priority: success on the pitch.”

United have strengthened their first squad with the arrivals of Matheus Cunha, Diego Leon, Bryan Mbuemo, Benjamin Sesko and Senne Lammens, but are currently slumped 14th in the Premier League table, after being dumped out of the Carabao Cup in the second round by League Two Grimsby Town.

The club said it had “implemented a transformation plan, put in place to enhance operational efficiency”. United said: “The benefit of this is expected to be seen across our revenue and cost base in fiscal 2026.

“For full year fiscal 2026, the company introduces revenue guidance of £640million to £660million and adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) guidance of £180million to £200million.”