Manchester United have announced a record revenue of £666.5m in the fiscal year 2025, despite having no Champions League football.

The club have also reduced their losses from £130m in the previous year to £40m with operating losses for the year £18.4m, compared to £69.3m in 2024

The club recorded £36.6m in exceptional costs, including the departure of Erik ten Hag and his staff.

The year also saw its highest matchday revenues which were up 17% , with its highest ever levels of ticket sales and memberships.

The club also recorded record commercial revenues (up 10%), reflecting the first full year of the front-of-shirt partnership with Snapdragon.

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