Manchester United Post Revenue Growth Despite Poor On-Pitch Form
Manchester United announced its financial results for the fiscal third quarter ended 31 March 2025, showing total revenues increased 17.4% in the quarter.
After a season in which they reached the UEFA Europa League Final , losing to Tottenham and finished a disappointing 15th in the Premier League, they recorded an operating profit £0.7m in the quarter compared to an operating loss of £66.2m in 3Q24 and an adjusted EBITDA for the quarter of £51.2m, up 274% on Q3 fiscal 2024.
The results showed the club increased revenues across all three key streams, driven by additional matches played in the quarter as a result of strong performance in the UEFA Europa League and high demand for the club’s hospitality offering.
However, for fiscal 2025, the club plans to tighten its revenue guidance to £660m to £670m and also raise its Adjusted EBITDA guidance to between £180m and £190m.
United’s Omar Berrada, Chief Executive Officer, commented: “We were proud to reach the final of the UEFA Europa League, but ultimately, we were disappointed to finish as runner-up in Bilbao. We had a difficult season in the Premier League, which we all know fell below our standards and we have a clear expectation of improvement next season.
“We have been pleased with the performance of our women’s team, with a third placed league finish, enabling us to qualify for the UEFA Champions League and once again reaching the FA Cup Final.
“We remain focused on infrastructure, with the redevelopment of our Carrington Training Complex continuing and on track, which will be the heart of our club, providing world class facilities for all our teams and our staff.
“We have also announced our aspiration to pursue a new 100,000 seat stadium, sitting at the heart of the regeneration of the Old Trafford area, which would be a catalyst for growth and investment in our local community. We are continuing to work with all the relevant stakeholders, including central Government, to support their vision for growth.”
