🔗 Share this article The Red Devils Post Historic Turnover of over £666 million Despite £33 million Deficit Manchester United announced all-time high income of over £666 million for the last season, although registering a deficit of £33 million for the accounting year. United missed out on Champions League football in the last season and ended up in 15th position in the EPL, yet income grew modestly by 0.7%. Economic Outlook and Transformation Accounts for the period up to June 30, 2025 show United’s business shortfall decreased from over £69 million to £18.4 million relative to the previous 12 months. Overall losses fell from over £113m to thirty-three million pounds after shareholder Jim Ratcliffe led extensive, and often unpopular, adjustments at a club he asserted in spring had “lost direction” as a enterprise. Ratcliffe warned United would have collapsed financially if they had not taken “drastic measures”. “In sporting terms, we are happy with the additions we have made to our men’s and women’s squads during the off-season, as we plan for the long term. Commercially, we are moving past a period of management overhaul with a revitalized, efficient organisation equipped to meet our on-pitch and off-pitch objectives.” “To have generated record revenues during such a challenging year for the club shows the durability which is a characteristic of Manchester United … As we start to reap the rewards of our expense-cutting plan, there is strong possibility for improved financial performance, which will, in turn, support our primary goal: football achievements.” Financial Channels and Outlook The club are anticipating the next financial year to generate revenue of between £640 million and £660 million although missing continental competition for the first occasion since 2014-15. United’s EBITDA were £182.8 million, a figure they expect to be between £180 million and £200 million this year. The results published on this week showed TV income decreased by nearly £49m to under £173m after the men’s team played in the Europa League rather than the Champions League. This shift, along with outgoing transfers and the comprehensive overhaul, meant staff costs were reduced by £51.5 million to just over £313m. The club achieved record commercial revenues of over £333m largely due to their front-of-shirt deal with their main partner, and achieved unprecedented ticket sales of over £160m. The club said they spent thirty-six million pounds in terms of one-off costs, which included payoffs to staff as part of their “renewal programme” and to the former manager Erik ten Hag and his coaching crew. United’s core loan remains at $650m but a fluctuation in the currency rate has seen the total drop in sterling terms from £511 million to £471.9 million.