Manchester United Reports Record Revenue Amid £313 Million Loss Over Three Years

Despite financial losses and significant layoffs, the club remains confident in compliance with financial regulations and aims for future sustainability.

Manchester United posted a record revenue of £661.8 million for the 2023-24 season, despite a net loss of £113.2 million for the year.
The club has incurred total losses of £312.9 million over the past three seasons, yet maintains it is compliant with Premier League and UEFA financial rules.
A cost-cutting initiative led by co-owner Sir Jim Ratcliffe resulted in 250 job cuts, aiming to save £40 million to £45 million annually.
United's wage bill increased by £33.3 million to £364.7 million, partly due to new signings like Rasmus Hojlund, Mason Mount, and Andre Onana.
The club plans to continue investing in infrastructure, including a £50 million upgrade to their Carrington training base, and forecasts revenue of up to £670 million for the 2024-25 season.