Despite recording a record-breaking year in revenues, Manchester United reported a sixth consecutive annual loss in its financial report.
Manchester United's Road to Recovery: A New Era Under Amorim
Manchester United, the storied football club, has been making strides in their recovery after a disappointing 2024/25 season. The team, now under the guidance of new coach Rúben Amorim, finished 15th in the Premier League, their lowest top-flight finish in 51 years, and missed out on Champions League qualification.
Despite the disappointing results, the club's financial situation is showing signs of improvement. According to chief executive Omar Berrada, Manchester United are beginning to feel the benefits of their cost-saving measures. These measures, overseen by co-owner Sir Jim Ratcliffe, included widespread job cuts.
The club's commercial revenues saw a significant boost, with the Snapdragon sponsorship deal contributing to a total of £333.3 million. Additionally, United achieved record matchday revenues of £160.3 million. These figures, combined with the club's cost-cutting measures, resulted in a significant drop in overall losses from £113.2 million to £33 million.
The team's poor start in the new season is a continuation of their struggles from the previous campaign. United took just four points from their first four matches in the Premier League, marking their worst start to a league campaign since 1992/93. The team's form did not improve much, as they were knocked out of the League Cup at the hands of fourth-tier Grimsby.
However, there have been some positive developments. Over the summer, Manchester United made additions to their men's and women's first-team squads. These signings, along with Amorim's tactical adjustments, helped the team reach the final of the Europa League, where they lost to Tottenham in Bilbao.
Looking ahead, Manchester United is expecting to bring in revenue of £640 million to £660 million in the next financial year. This optimism is reflected in Deloitte's ranking of United fourth in its annual Football Money League in January.
As the team prepares for Saturday's home match against Chelsea at Old Trafford, manager Amorim is under huge pressure. However, with the club's financial situation improving and the potential for on-field success, it seems that Manchester United is building for the "long term".
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