Failing to qualify for the Champions League cost the club another potential £50 million in revenue.
On the field, Manchester United are enduring one of the darkest periods in their recent history, with no immediate signs of improvement. Off the field, however, their finances are telling a different story. The English club posted record revenue last season.
For the financial year ending June 30, 2025, Manchester United generated £665 million (around $909 million), up 0.7 percent from the previous season.
Despite this increase, the club still hasn’t returned to profit overall, posting a £33 million loss this season.
There is, however, a silver lining: the club has significantly reduced its losses through various measures. Operating losses dropped from £69.3 million the previous season to £18.4 million, while total losses fell from £110.3 million to £33 million in just one year.
Missing out on the Champions League alone deprived the club of a possible £50 million. Their Premier League performance last season was also dismal — the worst in 51 years.
This season, too, they are absent from the Champions League and have had a poor start to their league campaign.
Still, club CEO Omar Berrada is optimistic about the financial progress amid adversity.
“By the 2025-26 season we are working hard to improve all areas of the club. On the football side, we are pleased with the great additions we made this summer to both the men’s and women’s first teams to build for the long term.”
“Off the pitch, through structural and leadership changes, we are emerging as a refreshed and well-organised club capable of achieving both sporting and commercial goals. Manchester United’s record revenue during such a challenging season reflects the resilience that is the hallmark of this club.”