In a striking financial paradox, Manchester United has announced a record revenue of £666.5 million for the 2025 fiscal year, a figure achieved during what was arguably the club’s worst-ever season on the pitch.
The financial results come after a campaign that saw the team finish a historic low of 15th in the Premier League and miss out on the revenue and prestige of the UEFA Champions League.
Despite these sporting failures, the club’s financial health showed significant improvement in several key areas. The record revenue was driven by a substantial 10% increase in commercial income, which rose to £333.3 million, largely fueled by the new Snapdragon sponsorship deal. Matchday revenue also saw a impressive 17% jump to £160.3 million, attributed to strong ticket sales and stadium attendance.
Under the new INEOS ownership, cost-cutting measures, including staff reductions, helped the club drastically reduce its operating loss. The figure fell to £18.4 million from £69.3 million the previous year.
The one area to see a decline was broadcasting revenue, which dropped to £172.9 million due to the absence of European football. This contributed to a net loss of £33 million for the year. However, this is a notable improvement from the £113.2 million net loss in 2024 and is understood to ensure the club’s compliance with the Premier League’s Profit and Sustainability Rules (PSR).
The announcement highlights the immense commercial power of the Manchester United brand, which continues to generate significant income independently of the team’s sporting performance.
