Manchester United reported record full-year revenue of £677.6 million, surpassing its previous management guidance of £655–£665 million. The club swung to a full-year operating profit of £22.6 million from a loss of £18.4 million in the prior year, primarily due to headcount reductions and improved Premier League performance. Despite not participating in European competition during the season, the club achieved its highest-ever adjusted EBITDA and has introduced robust fiscal 2027 guidance as it returns to the UEFA Champions League.
Key Highlights
- Full-year revenue reached a record £677.6 million, up 1.7% year-over-year and exceeding the top end of management's prior guidance.
- Operating profit transitioned to £22.6 million for the fiscal year, reflecting the benefits of structural cost-reduction programs and lower matchday expenses.
- Secured the land required for a new 100,000-seater stadium, representing a major milestone in the club's long-term infrastructure and urban regeneration strategy.
- Issued fiscal 2027 revenue guidance of £740 million to £760 million, anticipating a significant financial uplift from the return to Champions League football.