Manchester United reported an annual net loss for the sixth consecutive year on Wednesday, September 17, 2025, and forecast lower revenue for this fiscal year, highlighting the football club’s ongoing financial struggles.

The Premier League side posted a Ksh5.8 billion loss for the year ended June 30, an improvement on the previous year’s Ksh19 billion deficit

The narrower full-year loss reflects significant cost-cutting measures aimed at shoring up finances after several years of underperformance both on and off the field.

The club said it expects revenue of between Ksh112 billion and Ksh116 billion for its fiscal year 2026, compared with Ksh117 billion reported for the year ended June 30.

Manchester United’s New York-listed shares were down 3.8 per cent at Ksh2,000 in premarket trading.

The Premier League has, in recent years, 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 incurred losses of approximately Ksh135 billion since fiscal 2023.

The PSR caps losses at Ksh18 billion over a three-year period, though investments in infrastructure, academies, charity and women’s soccer are permitted as deductions.

The club said it was in compliance with the PSR and UEFA’s Financial Fair Play Regulations.

Minority owner Jim Ratcliffe, who holds roughly 29 per cent of the club and oversees football operations, has rolled out cost-saving measures, including staff reductions, higher ticket prices and the scrapping of free lunches at staff canteens.

However, the club’s absence from European competitions this season will dent broadcasting revenue, hurt cash flow and stretch its balance sheet, intensifying financial pressure and fuelling criticism from supporters.

On the pitch, United’s inconsistent start to the new Premier League campaign – one win, one draw, and two losses – has left fans frustrated despite a summer outlay of about Ksh40 billion on new attacking players.

“As we start to feel the benefits of our cost reduction programme, there is significant potential for improved financial performance, which will, in turn, support our overriding priority: success on the pitch,” CEO Omar Berrada said in a statement. Manchester United posts annual net loss for sixth consecutive year