Manchester United has reported an annual net loss for the sixth consecutive year and forecast lower revenue for the fiscal year, highlighting the club’s ongoing financial struggles. The Premier League side posted a £33 million ($45 million) loss for the year ended 30 June, an improvement on the previous year’s £113.2 million deficit.
The narrower full-year loss reflects significant cost-cutting measures aimed at stabilising finances after several years of underperformance both on and off the field. The club stated it expects revenue of between £640 million and £660 million for fiscal 2026, compared to £666.5 million reported for the year ended 30 June.
In recent years, the Premier League has tightened club spending regulations under its Profitability and Sustainability Rules (PSR), designed to level the playing field and curb excessive spending by wealthy owners. Manchester United has accumulated losses of approximately £175 million since fiscal 2023. The PSR caps losses at £105 million over a three-year period, although investments in infrastructure, academies, charity, and women’s football are permitted as deductions.
“The club remains committed to, and in compliance with, both the Premier League’s Profitability and Sustainability Rules and UEFA’s Financial Fair Play Regulations,” it said in a statement.