Manchester United announce record revenues despite worst season in 51 years | OneFootball

Manchester United have announced record revenues of £666.5 million for the 2024-25 financial year.

The Red Devils were without Champions League football last season and finished 15th in the Premier League – their lowest top-flight finish in 51 years.

But the club’s latest accounts reveal their revenue increased by 0.7 per cent to £666.7m, surpassing their previous record of £662m in 2023-24.

United posted overall losses of £33m for the financial year, which is a huge improvement on the £131m over the same period in 2023-24.

The club said they remain in compliance with both the Premier League’s Profit and Sustainability Rules and Uefa’s Financial Fair Play Regulations, per BBC Sport.

Missing out on the income from the Champions League was offset by huge matchday and commercial revenues

The start of the five-year sponsorship deal with Snapdragon helped them generate a record £333m, while stadium income increased to £160m.

United led rival European clubs in attendances in 2024-25, attracting an enormous 2.2 million spectators across all competitions. Old Trafford maintained an impressive 97 per cent capacity across the season.

Wages of players and staff accounted for £313m, a decrease of over £50m year-on-year. That was mainly due to the lack of Champions League football and the redundancy programme implemented by Sir Jim Ratcliffe.

The club’s CEO Omar Berrada said in a statement: “To have generated record revenues during such a challenging year for the club demonstrates the resilience which is a hallmark of Manchester United.

“As we settle into the 2025-26 season, we are working hard to improve the club in all areas.”

United supporters will be happy with the club’s latest accounts, but they are concerned with their team’s poor start to the new season.

Ruben Amorim’s side have registered only four points from four Premier League matches and are currently sitting 14th in the standings.