Manchester United Posts Record Revenue, £47m Pre-Tax Loss

Manchester United released accounts on September 23, 2026 with record revenue of £677.6 million for the year ended June 30, 2026, up 1.7% from £666.5 million. The club posted a pre-tax loss of roughly £47 million and a net loss of about £43 million — the seventh consecutive annual loss. Cumulative losses over seven years total £444 million. Operating profit was £22.6 million, versus an £18.4 million operating loss a year earlier. Net finance costs rose to £69.6 million (RTE) or £69.2 million (Yahoo) from £21.2 million. The wage bill fell 3.6% to £302 million. Exceptional items of £8.2 million related mainly to Ruben Amorim leaving in January 2026, with Michael Carrick taking over. Amorim's June AC Milan job cut a liability earlier recorded up to £16.7 million. Omar Berrada said record revenues show underlying strength and that the club is on the right trajectory with a disciplined approach. Borrowings rose from £471.9 million to £577.6 million per Yahoo, or £583 million per a wire summary. Summer 2026 refinancing backed a £63.5 million land buy for a proposed 100,000-seat stadium. The club forecasts £740 million to £760 million revenue this year with Champions League football.