sports

Man United Reports Seventh Annual Loss

Manchester United reported their seventh straight annual loss of £43m despite record revenue of £677.6m, with costs from player acquisitions and Ruben Amorim's sacking pushing them deeper into the red.

Manchester United's financial performance for the year ending 30 June 2026 showed continued losses despite record revenue growth. The club's net loss of £43m comes despite revenue reaching £677.6m, which is forecast to increase further.

British billionaire Sir Jim Ratcliffe, the club's minority shareholder and head of football operations, has implemented measures to revive profitability, including job cuts and ticket price increases. However, these actions have not yet overcome the financial challenges stemming from player acquisition costs and this year's dismissal of manager Ruben Amorim. mwafrika.life