Sports
Manchester United posts record revenue but wider loss as CEO defends transfer approach
September 23, 2026 at 01:32 PM · Updated 23d ago
Coverage
7 reports · 3 in Arabic, 4 in English · over 8 hours
Manchester United reported record £677.6m revenue but a wider £43m loss in fiscal 2026, as CEO Omar Berrada said summer spending prioritized financial sustainability.
- United posted full-year revenues of £677.6m ($900m) and an operating profit of £22.6m ($30m) for fiscal 2026.
- The club's net loss widened to £43m ($57m) from £33m the prior year, while borrowing rose by £95m to £583m.
- CEO Omar Berrada said the transfer strategy had "financial sustainability in mind" and the club will continue a disciplined approach.
- United forecast fiscal 2027 revenue of £740m–760m ($983m–1.01bn), citing the return of Champions League football.
- The loss was United's seventh consecutive annual loss, with accumulated losses of nearly £190m since fiscal 2024.
- The club attributed a reduced wage bill of £302m to squad changes and headcount reductions, with Amorim's departure costing an exceptional £8.2m.
- Shares fell 3% in US premarket trading despite a 24% gain this year.
- United's overall debt remains above £1bn, with net finance costs jumping 228.3% to £69.6m partly on a foreign-exchange loss.
- The club spent £63.5m on land for its new stadium ahead of the planned £2bn-plus Old Trafford regeneration.
- Cost-cutting included two redundancy rounds that cut 450 jobs, trimming £11.3m from the wage bill.
- Manchester United's broadcasting income rose nearly 20% on the back of a third-place Premier League finish.
- The club plans to build a new 100,000-capacity stadium on land acquired next to Old Trafford.






