Manchester United have posted their highest ever amount of revenue for last season, despite having their worst campaign on the pitch in 51 years. On Wednesday, the Red Devils published their latest financial results, which they said show 'the enduring strength and resilience of the club' as well as the benefits of 'difficult decisions taken', namely making an extra 200 staff members redundant.
United boast record revenue
The Red Devils amassed total revenue of £666.5 million ($909m) for the year ended 30 June 2025. It was only a small increase (£4.7m or 0.7 percent) from the previous year, but it was enough to break the previous record. The biggest increase (by 10%) was in commercial revenue, as a result of the club's front-of-shirt sponsorship with Snapdragon, the most valuable deal of its kind in world sport, and the launch of its new ecommerce model with SCAYL.
AdvertisementSalary cuts lead to £51.5m saving
United saved £51.5m thanks to reduced operational costs and a 14.1% fall in employee expenses. That was partly driven by the club making employees redundant, referred to as 'wider club restructuring' although the main factor was the 25% reduction in player wages as a result of the failure to qualify for the Champions League for the last two seasons.
Getty ImagesTop performing club in Europe
United are hailing one measure in particular, EBITDA of £182.8m. The acronym stands for earnings before interest, tax, depreciation and amortisation and is described as the best reflection of underlying business performance. It is the highest level of any club in European football since the COVID-19 pandemic.
Omar Berrada praises United's financial resilience
United's chief executive Omar Berrada said the results, which came despite finishing 15th in the Premier League and failing to qualify for any European competition, reflected United's strength as an institution. "To have generated record revenues during such a challenging year for the club demonstrates the resilience which is a hallmark of Manchester United," he said. "As we settle into the 2025-26 season, we are working hard to improve the club in all areas."