Manchester United have released their financial results for the second quarter of the year and confirmed an operating profit of £32.6 million
Manchester United co-owner Sir Jim Ratcliffe (L) looks on next to chief-executive Omar Berrada
Manchester United have announced their financial results
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Image: Chris Brunskill/Fantasista/Getty Images)
Manchester United has announced that it generated an operating profit of £32.6 million in the first 6 months of the financial year, compared to a £3.9 million operating loss in the year before, in its second-quarter update. The club credits 'operating cost and headcount reduction programs implemented in the prior year' for the results.
The quarter itself saw an operating profit of £19.6m, compared to £3.1m in the second quarter of fiscal 2025. The men's team being positioned fourth in the and women’s first team being placed second in the Women’s Super League as also highlighted.
The club's first-quarter results saw United’s operating profit rise to £13m, compared with an equivalent £7m loss 12 months earlier. Chief executive Omar Berrada said that “the difficult decisions made in the past year” by Sir Jim Ratcliffe enabled that turnaround.
The United co-owner led a series of cuts, including vast redundancies, after purchasing a stake in the club in February 2024.
Omar Berrada, Chief Executive Officer, said, “We are now seeing the positive financial impact of our off-pitch transformation materialise both in our costs and profitability. We continue to take a football-first approach and invest in both our men’s and women’s first teams.
"On the pitch our men’s team sits 4th in the Premier League and our women’s team are 2nd in the Women’s Super League, as well as reaching the League Cup Final and the quarter final of the UEFA Women’s . Today’s results demonstrate the underlying strength of our business as we continue to push for the best football results possible for our Men’s and Women’s teams."
United's matchday revenue for the quarter was don hoever. They raked in £49.5m, £2.5m less than 12 months before. This is primarily put down to playing three fewer home cup matches in the quarter, and 'partially offset by improved performance of our matchday revenue function over the seven league home matches played'.
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