Cost of Amorim sacking revealed as Man United financial report shows positive progress | OneFootball

Manchester United’s latest financial report shows the club are on an upward trajectory despite paying out £16.7m to Ruben Amorim and his staff.

Amorim was dismissed by United in early January, but the club were still able to achieve Champions League qualification after finishing in third place in the Premier League under interim boss Michael Carrick, who has since been made the permanent head coach of the club.

When the third quarter reports were posted on Wednesday, it included an operating profit over the nine months to March 31, 2026 of £37.7m. That compares with a £3.2m operating loss in the same nine months of the previous year.

United’s earnings before interest, taxes, depreciation and amortization (EBITDA) for those nine months is £187.5m – up from £145.3m in the year prior. However, the club still has $650m worth of debt from the Glazer era, whilst short-term borrowing has increased by £50m from the same quarter last year to £262.5m

Cash and cash equivalents are down from £73.2m to £60.9m, while £30m was spent in the quarter as a repayment on a “revolving credit facility”. Matchday revenues were also down 5.2 per cent (£2.3m) from the same quarter last year, with only £42.2m being made in this quarter, partially due to United’s shortcomings in the Carabao Cup and FA Cup.

Following the release of the results, Man Utd’s chief executive officer Omar Berrada said: “We feel very positive about the club’s progress this season and the continuing positive impact of our business transformation initiatives.

“Finishing third in the Premier League and securing qualification to next season’s UEFA Champions League is testament to our men’s team’s improved form on the pitch. Michael Carrick has done an excellent job in the 17 games he has overseen and we are delighted that he will continue as head coach.

“Our women’s team reached the quarter final in the UEFA Women’s Champions League and also reached the final of the League Cup for the first time and will be participating once again in the World Sevens Series.

“On the academy side, reaching the FA Youth Cup and PL2 play-off finals is also an indication of our continued commitment to youth development.”