Manchester United reported an annual net loss for the sixth consecutive year on Wednesday and forecast lower revenue for the fiscal year, highlighting the club’s ongoing financial struggles.
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The Premier League side posted a £33 million ($45 million) loss for the year ended June 30, an improvement on the previous year’s £113.2 million deficit.
The narrower full-year loss reflects significant cost-cutting measures aimed at shoring up finances after several years of underperformance both on and off the field.
The club said it expects revenue of between £640 million and £660 million for its fiscal 2026, compared with £666.5 million reported for the year ended June 30.
