Manchester United have posted record revenues of £677.6million for the 2025/26 season, yet the club’s debt has risen sharply and they posted an overall loss of £43million.
Revenue grew by 1.7% year-on-year, driven largely by a £33.9million increase in broadcasting income following a third-place Premier League finish compared to 15th the previous year. However, commercial revenue fell by £16million due to the absence of a training kit sponsor mid-season and no post-season tour, whilst matchday income dropped £6.8million from 10 fewer home games.
Non-current borrowings climbed to £577.6million from £471.9million, with the club also holding a £110million revolving credit facility. Chief executive Omar Berrada said the rise reflected interest rate changes and bond refinancing in June. “We will continue to take a disciplined approach to ensure our finances remain sustainable,” he said, citing the club’s wage bill reduction to £302million and summer strengthening of both squads, plus new commercial partners Betway and SumUp. United have also completed land acquisition for their proposed new 100,000-seater stadium.
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