Key Points
The Men’s first team reached the final of the UEFA Europa League and finished the 2024/25 season in 15th position in the Premier League;
The Women’s first team finished 3rd in the Women’s Super League and reached the final of the FA Cup;
Achieved 4Q total revenues of £164.1 million, which contributed to record fiscal 2025 total revenues of £666.5 million;
4Q Commercial revenues were £88.2 million; total Commercial revenues were a record £333.3 million in fiscal 2025, the first year of our 5 year front of shirt sponsorship agreement with Snapdragon;
4Q Matchday revenues were £37.2 million and contributed to record fiscal 2025 Matchday revenues of £160.3 million;
Adjusted EBITDA for the full year was £182.8 million; Operating loss for the year was £18.4 million, compared to an operating loss of £69.3 million in fiscal 2024;
The Men’s first team successfully undertook a pre-season tour, including matches in Sweden and the United States, in preparation for the 2025/26 season;
Club recently announced new sponsorship agreements with Coca-Cola, Sokin and Parimatch and we have renewed our partnerships with STATSports, Canon and Sportsbreaks;
The Club completed its £50m investment at our Carrington Training Complex on time and on budget, delivering world-class facilities for our players and staff;
The Men’s first team was strengthened by the additions of Matheus Cunha, Diego Leon, Bryan Mbuemo, Benjamin Sesko and Senne Lammens; The Women’s first team was strengthened with the new signings of Julia Zigiotti Olme, Fridolina Rolfo and Jess Park;
The Club implemented a transformation plan, put in place to enhance operational efficiency. The benefit of this is expected to be seen across our revenue and cost base in fiscal 2026;
For full year fiscal 2026, the Company introduces revenue guidance of £640 million to £660 million and adjusted EBITDA guidance of £180 million to £200 million