Chief executive praises performance in ‘challenging year’
£36.6m exceptional items include paying off Erik ten Hag
Manchester United generated record revenues of £666.5m in the financial year to June 2025, but the club still reported a loss of £33m. The revenues rose 0.7%, up £4.7m from £661.8m in 2024, despite the side not competing in the Champions League.
The £33m loss comes after £36.6m was paid out in exceptional items as part of the club’s “transformation plan”. This included the sacking of Erik ten Hag and the manager’s staff plus payments due to any of the 150-200 employees who lost their job in the latest round of redundancies. Losses were down from the previous year’s £113.2m.
Omar Berrada, United’s chief executive, said: “To have generated record revenues during such a challenging year for the club demonstrates the resilience which is a hallmark of Manchester United.
