Manchester United reported an annual net loss for the sixth consecutive year on Wednesday and forecast lower revenue for the fiscal year, highlighting the club’s ongoing financial struggles.
The Premier League side posted a £33 million ($45 million) loss for the year ended June 30, an improvement on the previous year’s £113.2 million 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 £640 million and £660 million for its fiscal 2026, compared with £666.5 million reported for the year ended June 30.
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 racked up losses of about £175 million since fiscal 2023.
The PSR caps losses at £105 million over a three-year period, though investments in infrastructure, academies, charity and women’s soccer are permitted as deductions.
“The club remains committed to, and in compliance with, both the Premier League’s Profit and Sustainability Rules and UEFA’s Financial Fair Play Regulations,” it said in a statement.
Manchester United posts sixth year of net loss, forecasts revenue dip
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Manchester United posts sixth year of net loss, forecasts revenue dip
- The Premier League side posted a £33 million ($45 million) loss for the year ended June 30
Mid East Falcons win inaugural United Series championship in Dubai
- The 8-1 win over Mumbai Cobras gives the Abu Dhabi franchise a 2-1 series victory and first Baseball United title
DUBAI: Shotaro Kasahara allowed only two hits in six scoreless innings with six strikeouts to lead the Mid East Falcons to an 8-1 win over the Mumbai Cobras and the first United Series championship in league history.
Munenori Kawasaki — named United Series MVP — went 2-for-5 with one run scored and two RBIs as the Falcons claimed a 2-1 series win over the India franchise. Kawasaki batted .417 for the series.
Kasahara had a total of 72 pitches, 57 of which were strikes. Also, Shingo Hirata (2.0 IP, 2 H, 1 ER, 3 SO after a Fire Ball scored) and Severino Gonzalez (1.0 IP, 0 H, 0 ER, 1BB) completed the pitching line for the Falcons.
Shuhei Fukuda went 2-for-3 with one RBI, Hiroyuki Makajima batted 2-for-3 with one RBI, and Gregori Cano had a 1-for-3 night, with two runs scored and one RBI, to highlight the Mid East offense.
After losing Game 1, the Falcons turned the United Series around with two straight victories. They scored a total of 16 runs on 26 hits, and allowed only five runs.
Other highlights:
Nyan Hernandez took the loss after a 1.0 inning, in which he allowed three hits, four earned runs, three walks and struck out two.
Lou Helmig went 1-for-3 with one RBI, as the standout man in the Cobras offense.
After winning Game 1 of the United Series, Mumbai only had eight hits and two runs scored.
