Paskelbti MU metiniai finansiniai skaičiai.
Pozityvas:
United’s full-year 2025-26 financials were announced on Wednesday, detailing a club wage bill of £302million. That was an £11.3m (four per cent) fall on a year prior and the club’s lowest since the 2019-20 season that was impacted by the Covid-19 pandemic. With revenue up and wages down, improved operating performance followed, and, naturally, a lowering of United’s wages-to-revenue metric. That has long been healthy at Old Trafford, but last season’s fall to 44.6 per cent represented an 18-year low; not since 2008-09 have United’s wages eaten up a smaller proportion of club income.
United’s operating loss, before any player sales, was £16m last season, making it the second year running that particular deficit has halved, having landed at £59m two years ago — and that was in a Champions League year, too.
Overall revenue hit a club record £677.6m, even as falls were experienced in both matchday income (down £6.4m) and, more noticeably, commercial takings (£16.1m). The latter fell in large part due to United not replacing Tezos as training kit sponsor (Betway have since stepped into the breach), though a lack of Champions League football also saw £10m shaved off the club’s kit deal with Adidas.
Despite the latter, retail and merchandising income actually increased in the year by £11.9m (eight per cent), with United benefitting from a full year of their in-house e-commerce model (it only operated for 10 months out of 12 in 2024-25), as well as them booking a one-off credit related to the terms of that model.
A return to Europe will see each of those revenue streams rebound in 2026-27, and United are projecting yet more record income this season, with a sizeable uptick to £740m-760m forecast. The Athletic estimates prize money just from qualifying for the Champions League will generate the club an extra £45m, and a further £1.8m has already been earned via the opening game week victory over Azerbaijani champions, Sabah.
Milan’s hiring Amorim, just five months following his Old Trafford departure, just about halved the amounts payable to him by United, saving the club £8.5m. And that meant overall 'exceptional' costs reduced by over £28m from 2024-25.
United’s free cash flow — cash generated after covering operating costs, capital spending, like that on transfers, and interest payments — remained £58m in the red, but was much improved from the £202m deficit of just a year earlier.
In fact, were it not for some sizeable late-season spending, the club’s free cash flow would have been positive for the first time in four years. United spent £63.5m in June on acquiring 25 acres of land north west of Old Trafford, a plot intended to house a new 100,000-seater home
Negatyvas:
Overall profitability remains elusive, and the reason will come as little surprise. Net financing costs, driven by the club’s sizeable debt, totalled £69.6m last season, wiping out the EBIT surplus and generating a bottom line loss of £43m, a £9.9m worsening on a year earlier. It is the seventh year running United have lost money; nearly £450m has now been lost since 2019.
In June, United refinanced their largest tranche of long-term debt — or, as many fans refer to it, the ‘Glazer debt’ — which first appeared on club books following the family’s leveraged takeover in 2005.
With $425m (£320m) in senior secured notes due to mature in June 2027, United restructured and increased that portion of debt, taking out a $550m (£415m) loan at a higher annual interest rate of 5.36 per cent (the coupon on the $425m had been 3.79 per cent). That will increase annual interest costs on that particular tranche by around $13.3m (£10m, at current rates).
At the end of June 2026, United’s financial debt totalled £689m, a £52m increase on a year prior.
United joined Chelsea as the only club, so far, to have topped £200m in annual amortisation charges, stemming from big transfer spending in Ratcliffe's first 18 months at the helm.
At the end of June, the club’s cash balance sat at £67.2m, a 13-year low and far below the £300m cash on hand the club held before the pandemic struck.
Ratcliffe's £238.5m injection upon his arrival two and a half years ago spurred over £60m in improvements to the Carrington Training Centre but no further cash is expected to flow from the current ownership group.
Įdomu, kad jei žiūrėtume per algų prizmę, tai MU užimta 3 vieta yra over-achievinimas. Man City, Liverpool, Chelsea, Arsenal visi daugiau palieka ant algų.
Šiaip nieko naujo finansuose. Komercija dirba gerai, bet klubą smaugia Glazerių skola su palūkanom ir tai, kad nelabai sekasi žaidėjus pardavinėti, ką žymiai geriau daro visi konkurentai. Reguliarus žaidimas ČL irgi būtų labai welcome.
tipine situacija.