The Red Devils were without Champions League football in 2024/25 and finished 15th Premier League, their lowest top-flight finish in 51 years. Now, the club have released their financial reports which have surprised many due to how much money was generated.
First, United saw revenue marginally increase by 0.7 per cent to £666.5M, with accounts for the year ending June 30th, 2025 showing their operating loss fell from £69.3M to £18.4M compared to the previous 12 months.
Next, Overall losses dropped from £113.2M to £33M after co-owner Sir Jim Ratcliffe oversaw mass changes behind the scenes which included cutting many jobs that were deemed surplus to requirements.
The British billionaire even warned United would have gone "bust at Christmas" if they had not taken "really tough decisions" at that point in time. An overall loss of just £33M represents a 70.8% reduction on the previous year, when the figure was £113.2M.
United also spent £36.6M on “exceptional items” which relates to the paying off former manager Erik ten Hag and his backroom team before the arrival of manager Ruben Amorim in the summer.
The Independant report that United are expecting the next financial year to bring in revenue of £640M to £660M despite being without European football for the first time since 2014/15.