A major contributor was the start of their five-year front-of-shirt sponsorship with Snapdragon, which pushed commercial revenue to a record £333.3m. Matchday earnings also reached a record £160.3m for the year ending 30 June 2025. Chief executive Omar Berrada described the results as proof of Manchester United's resilience and said the club is working to strengthen across all areas as they continue into the 2025-26 season.
Despite reporting an overall loss of £33m, this represented a sharp 70.8% reduction from the £113.2m loss the previous year. The club emphasized compliance with both the Premier League's Profit and Sustainability Rules and UEFA's Financial Fair Play regulations. Deloitte's January report ranked United as the fourth-highest revenue-generating football club in the world, trailing Real Madrid, Manchester City, and Paris Saint-Germain.
The club's ongoing cost-cutting measures have significantly reduced expenses. Staff numbers dropped from 1,100 to 700 over two years following redundancies that drew criticism, but United argued the cuts would create financial space to strengthen the squad while staying within financial rules. Wages also fell by £51.5m to £313.2m, largely due to players' contracts including a 25% pay cut for failing to qualify for the Champions League. Compensation payments to former manager Erik ten Hag, interim boss Ruud van Nistelrooy, and technical director Dan Ashworth accounted for £36.6m under "exceptional items."
Broadcasting revenue fell by £48.9m, a result of competing in the Europa League instead of the Champions League. With no European competition this season, further declines are expected. Even so, the club forecasts turnover of £640m to £660m for June 2026, boosted by commercial strength that has already placed them ahead of Liverpool.
Debt remains a pressing concern, with long-term liabilities at $650m, equivalent to £471.9m as of June 30, alongside £165.1m in borrowing from credit facilities. Outstanding transfer payments have also risen sharply to £564.6m. Recent signings including Bryan Mbeumo, Benjamin Sesko, and Senne Lammens added £156.8m in commitments. Club officials defended the investment as proof of their determination to return to competing for major honors.
