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Manchester United posts seventh straight annual loss, sells £125 turf clumps
The club reported a £43.0 million pre-tax loss for the year ended June 30, 2026, while net finance costs more than tripled to £69.2 million.
Manchester United reported a pre-tax net loss of £43.0 million for the year ended June 30, 2026, extending its annual losses to a seventh straight year and lifting combined losses to £444 million since 2019, according to the Guardian Business.
Revenue rose to a record £677.6 million for the 12 months, up 1.7% year over year, but the increase was outweighed by higher costs including a refinancing plan that increased net debt from £471.9 million to £577.6 million, and pushed net finance costs to £69.2 million from £21.2 million.
On an investor call, chief executive Omar Berrada said the club’s summer transfer spending, £155 million on three players, was planned with financial sustainability in mind, as wage expenses fell £11.3 million, or 3.6%, to £301 million under Sir Jim Ratcliffe’s cost-cutting regime.
As part of a new revenue effort, United is selling 7cm by 7cm clumps of grass from the Old Trafford pitch for £125, after relaying the playing surface for the first time in 14 years this summer.