<figure id="attachment_3233129" aria-describedby="caption-attachment-3233129" style="width: 1600px" class="wp-caption alignnone"><img loading="lazy" class="size-full wp-image-3233129" src="https://media.freemalaysiatoday.com/wp-content/uploads/2025/12/f79323e9-old-trafford-11122025.webp" alt="" width="1600" height="1000" /><figcaption id="caption-attachment-3233129" class="wp-caption-text">Manchester United say they remain on track to record revenues of between £640 million and £660 million for fiscal 2026. (EPA Images pic)</figcaption></figure>
LONDON: Manchester United chief executive Omar Berrada said the latest financial results released on Thursday show &#8220;strong progress in our transformation of the club&#8221;.
The Red Devils reported a £13 million (US$17.4 million) operating profit for the three months until Sept 30, compared with a £6.9 million loss in the same period last year.
United&#8217;s total revenue for the 2026 fiscal first quarter dropped by 2% to £140.3 million due to the lack of European competition for the men&#8217;s team, who are sixth in the Premier League under manager Ruben Amorim.
The women&#8217;s team, coached by Marc Skinner, are third in the Women&#8217;s Super League and are competing in the Women&#8217;s Champions League.
&#8220;These robust financial results reflect the resilience of Manchester United as we make strong progress in our transformation of the club,&#8221; said Berrada.
&#8220;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.&#8221;
United&#8217;s financial statement said the club continue &#8220;to see the impact of operating cost and headcount reduction programmes implemented during the previous year&#8221;.
Co-owner Jim Ratcliffe oversaw wide-ranging and often unpopular cost-cutting measures, including widespread job cuts.
The statement said &#8220;employee benefit expenses&#8221; for the quarter were £73.6 million, a decrease of £6.6 million, primarily due to the impact of job cuts.
United say they remain on track to record revenues of between £640 million and £660 million for fiscal 2026.

MatchPoint Times

Man United say financial results show ‘transformation’ of club

The Red Devils post a £13 million operating profit for the quarter to September 30, reversing last year’s £6.9 million loss.

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