Manchester United say financial results show club’s ‘transformation’ | OneFootball

The CEO of Manchester United, Omar Berrada, stated that the latest financial results, published this Thursday, show “significant progress” in the “transformation of the club.”

The ‘Red Devils’ recorded an operating profit of £13 million (approximately R$94.31 million at the current exchange rate) in the three months leading up to September 30, compared to a loss of £6.9 million (R$50 million) in the same period of 2024.

The total revenue of the English club in the first fiscal quarter of 2026 fell by 2%, to £140.3 million (about R$1 billion).

The reason for the decline is the absence of European competitions for the men's team, which currently occupies the sixth position in the Premier League under the command of Portuguese coach Rúben Amorim.

The women's team, led by Marc Skinner, is in third place in the English first division and competes in the Women's Champions League.

“These solid financial results reflect Manchester United's resilience as we decisively advance in the transformation of the club,” said Berrada. “The tough decisions we made over the past year have resulted in a sustainably lower cost base and a more agile and effective organization, positioned to drive the club towards better sporting and commercial performance in the long term,” he added.

The financial report indicated that the club continues to “observe the impact of the operational and personnel cost reduction programs implemented during the previous year.”

Co-owner Jim Ratcliffe oversaw comprehensive and often unpopular cost-cutting measures, which included mass layoffs.

The statement noted that “employee benefit expenses” in the quarter were £73.6 million (R$534 million), a reduction of £6.6 million (R$48 million), mainly due to the impact of staff reduction.

Manchester United claims it remains on track to record revenues between £640 million and £660 million (between R$4.64 billion and R$4.78 billion) in the year 2026.

This article was translated into English by Artificial Intelligence. You can read the original version in 🇧🇷 here.