Berrada: Financial results show strong progress in Man United’s transformation Anthony Nlebem Manchester United chief executive Omar Berrada says the club’s latest financial statements demonstrate “strong progress” in the ongoing transformation under the new leadership structure. Despite the men’s team not featuring in European football this season, Man United reported an operating profit of £13 million for the three months ending September 30, a sharp turnaround from the £6.9 million loss recorded in the same period last year.. Total revenue for the first quarter of fiscal 2026 declined by two percent to £140.3 million, due to the absence of European competition for the men’s team. Man United’s women’s team, led by Marc Skinner, sit third in the Women’s Super League and are competing in the Women’s Champions League. The men’s team are currently sixth on the Premier League table.  “These robust financial results reflect the resilience of Manchester United as we make strong progress in our transformation of the club,” Berrada said. “The difficult decisions we have made in the past year have resulted in a sustainably lower cost base and a more streamlined, effective organisation equipped to drive the club towards improved sporting and commercial performance over the long term.” The financial statement noted that Man United “continue to see the impact of operating cost and headcount reduction programmes implemented during the previous year.” Co-owner Sir Jim Ratcliffe and INEOS have driven restructuring measures, including widespread redundancies. Employee benefit expenses for the quarter dropped to £73.6 million, a decrease of £6.6 million year-on-year, reflecting both job cuts and reduced player wage commitments. The restructuring accounted for £8.6 million in exceptional items in the first quarter. Commercial performance also took a hit. Sponsorship revenue declined by 9.3 percent to £47 million, attributed largely to the expiration of the Tezos training-kit partnership. Club sources told the Press Association that “positive talks” are ongoing with potential new partners. Commercial revenue fell by 1.3 percent to £84.2 million, while broadcasting revenue declined 4.5 percent to £29.9 million and matchday revenue dipped 1.1 percent to £26.2 million. With the transitional changes, United could be on track to deliver revenues between £640 million and £660 million for the 2026 fiscal year.

Posted by diranderek December 11, 2025
Berrada: Financial results show strong progress in Man United's transformation Anthony Nlebem Manchester United chief executive Omar Berrada says the club’s latest financial statements demonstrate “strong progress” in the ongoing transformation under the new leadership structure. Despite the men's team not featuring in European football this season, Man United reported an operating profit of £13 million for the three months ending September 30, a sharp turnaround from the £6.9 million loss recorded in the same period last year.. Total revenue for the first quarter of fiscal 2026 declined by two percent to £140.3 million, due to the absence of European competition for the men’s team. Man United's women’s team, led by Marc Skinner, sit third in the Women’s Super League and are competing in the Women’s Champions League. The men's team are currently sixth on the Premier League table.  “These robust financial results reflect the resilience of Manchester United as we make strong progress in our transformation of the club,” Berrada said. “The difficult decisions we have made in the past year have resulted in a sustainably lower cost base and a more streamlined, effective organisation equipped to drive the club towards improved sporting and commercial performance over the long term.” The financial statement noted that Man United “continue to see the impact of operating cost and headcount reduction programmes implemented during the previous year.” Co-owner Sir Jim Ratcliffe and INEOS have driven restructuring measures, including widespread redundancies. Employee benefit expenses for the quarter dropped to £73.6 million, a decrease of £6.6 million year-on-year, reflecting both job cuts and reduced player wage commitments. The restructuring accounted for £8.6 million in exceptional items in the first quarter. Commercial performance also took a hit. Sponsorship revenue declined by 9.3 percent to £47 million, attributed largely to the expiration of the Tezos training-kit partnership. Club sources told the Press Association that “positive talks” are ongoing with potential new partners. Commercial revenue fell by 1.3 percent to £84.2 million, while broadcasting revenue declined 4.5 percent to £29.9 million and matchday revenue dipped 1.1 percent to £26.2 million. With the transitional changes, United could be on track to deliver revenues between £640 million and £660 million for the 2026 fiscal year.


Berrada: Financial results show strong progress in Man United’s transformation Anthony Nlebem Manchester United chief executive Omar Berrada says the club’s latest financial statements demonstrate “strong progress” in the ongoing transformation under the new leadership structure. Despite the men’s team not featuring in European football this season, Man United reported an operating profit of £13 million for the three months ending September 30, a sharp turnaround from the £6.9 million loss recorded in the same period last year.. Total revenue for the first quarter of fiscal 2026 declined by two percent to £140.3 million, due to the absence of European competition for the men’s team. Man United’s women’s team, led by Marc Skinner, sit third in the Women’s Super League and are competing in the Women’s Champions League. The men’s team are currently sixth on the Premier League table.  “These robust financial results reflect the resilience of Manchester United as we make strong progress in our transformation of the club,” Berrada said. “The difficult decisions we have made in the past year have resulted in a sustainably lower cost base and a more streamlined, effective organisation equipped to drive the club towards improved sporting and commercial performance over the long term.” The financial statement noted that Man United “continue to see the impact of operating cost and headcount reduction programmes implemented during the previous year.” Co-owner Sir Jim Ratcliffe and INEOS have driven restructuring measures, including widespread redundancies. Employee benefit expenses for the quarter dropped to £73.6 million, a decrease of £6.6 million year-on-year, reflecting both job cuts and reduced player wage commitments. The restructuring accounted for £8.6 million in exceptional items in the first quarter. Commercial performance also took a hit. Sponsorship revenue declined by 9.3 percent to £47 million, attributed largely to the expiration of the Tezos training-kit partnership. Club sources told the Press Association that “positive talks” are ongoing with potential new partners. Commercial revenue fell by 1.3 percent to £84.2 million, while broadcasting revenue declined 4.5 percent to £29.9 million and matchday revenue dipped 1.1 percent to £26.2 million. With the transitional changes, United could be on track to deliver revenues between £640 million and £660 million for the 2026 fiscal year.


Manchester United chief executive Omar Berrada says the club’s latest financial statements demonstrate “strong progress” in the ongoing transformation under co-owner Sir Jim Ratcliffe.

Despite the men’s team not featuring in European football this season, Man United reported an operating profit of £13 million for the three months ending September 30, a sharp turnaround from the £6.9 million loss recorded in the same period last year.

Total revenue for the first quarter of fiscal 2026 declined by two percent to £140.3 million, due to the absence of European competition for the men’s team.

Read Also: Man United post £666.5m record revenue amid £33m loss

“These robust financial results reflect the resilience of Manchester United as we make strong progress in our transformation of the club,” Berrada said.

“The difficult decisions we have made in the past year have resulted in a sustainably lower cost base and a more streamlined, effective organisation equipped to drive the club towards improved sporting and commercial performance over the long term.”

The financial statement noted that Man United “continue to see the impact of operating cost and headcount reduction programmes implemented during the previous year.” Co-owner Sir Jim Ratcliffe and INEOS have driven restructuring measures, including widespread redundancies.

Employee benefit expenses for the quarter dropped to £73.6 million, a decrease of £6.6 million year-on-year, reflecting both job cuts and reduced player wage commitments. The restructuring accounted for £8.6 million in exceptional items in the first quarter.

Commercial performance also took a hit. Sponsorship revenue declined by 9.3 percent to £47 million, attributed largely to the expiration of the Tezos training-kit partnership. Club sources told the Press Association that “positive talks” are ongoing with potential new partners.

Commercial revenue fell by 1.3 percent to £84.2 million, while broadcasting revenue declined 4.5 percent to £29.9 million and matchday revenue dipped 1.1 percent to £26.2 million.

With the transitional changes, United could be on track to deliver revenues between £640 million and £660 million for the 2026 fiscal year.

Anthony Nlebem

Head of Sports at BusinessDay Media, a seasoned Digital Content Producer, and FIFA/CAF Accredited Journalist with over a decade of sports reporting.Has a deep understanding of the Nigerian and global sports landscape and skills in delivering comprehensive and insightful sports content.