Manchester United widens net loss to £43m in year to June 2026 despite record £678m revenue
Manchester United reported a seventh straight annual loss, with net losses widening to £43m despite record revenue of £678m. Weakness in commercial income (training kit sponsor gap), exceptional firing costs, and sizable stadium-related land acquisition highlight ongoing margin pressure even amid cost cuts. The news is primarily idiosyncratic and unlikely to move broad markets, but it underscores risks around cash flow and commercial execution.
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Manchester United said its net loss widened to £43m from £33m for the year ending June 2026, marking a seventh straight annual deficit. Revenue edged up to a record £678m, but commercial income fell 5% to £317m after the club went without a training kit sponsor. The accounts also show £8.2m in exceptional charges tied largely to the sacking of manager Ruben Amorim, and £63.5m spent to buy land next to Old Trafford for a planned new stadium.