US EditionManchester United's transformation plan delivers quarterly profit despite revenue drop
- On Wednesday, 25 Feb 2026, Manchester United announced an operating profit of 32.6million for the first six months of fiscal 2026, up from a 3.9m loss last year, Omar Berrada said.
- Cost-Cutting through redundancies and headcount reduction helped United improve profitability, with club sources crediting prior-year operating cost and headcount reduction programmes under minority owner Jim Ratcliffe.
- United reported second-quarter revenues of �190.3m, with commercial revenue �78.5m and matchday revenue �49.5 million, while operating profit was �19.6m.
- United have headroom in the wage bill from departing high earners, and they plan to sign a summer midfielder while targeting full-year revenue guidance �640m-�660m and close to �100m from a Champions League return.
- On the pitch, United sit fourth and the women's team sit second, while sporting aims shifted after Ruben Amorim's dismissal; he had �215m transfer backing before his exit.
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Manchester United’s transformation plan delivers quarterly profit despite revenue drop
Manchester United said on Wednesday that it turned a profit in the second quarter as its cost-cutting measures began to bear fruit, though lower sponsorship revenue and ticket sales after missing out on European competitions reined in earnings.
Manchester United chief executive Omar Berarda has said the football club is reaping the positive financial impact of its redundancies programme, after its latest financial results showed an increase in profits despite a drop in revenue.
Manchester United said on Wednesday it turned a profit in the second quarter as its cost-cutting measures began to bear fruit, though lower sponsorship revenue and ticket sales after missing out on European competitions reined in earnings.
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