The absence of Manchester United from the Champions League for the 2024-2025 season and costs related to an internal restructuring program contributed to an operating loss of £6.9 million (€8.2 million) in the first quarter of the fiscal year.
This exclusion, reports SkySportsUKresulted in a 20.4% decrease in revenues from television rights compared to the same period of the previous year, from £39.3 million to £31.3 million. Commercial revenues also fell by 5.6%, from 90.4 million to 85.3 million, while those relating to individual match days recorded a drop of 3.3%, from 27.4 million to 26.5 millions.
The club also faced exceptional costs of £8.6 million related to internal restructuring in terms of the balance sheet. However, Manchester United expects these measures to lead to savings of between £40 and £45 million, with a positive impact on future financial results, particularly for 2025 and 2026.
Despite the difficulties, the club has nevertheless confirmed compliance with the Premier League’s financial sustainability rules. On the positive side, there was a 10.1 million reduction in wage bill for the quarter, attributed mainly to changes in the first team squad.
Finally, the management of Red Devils continues to evaluate options to renovate the Old Trafford stadium or build a new one, with a special committee tasked with analyzing the possibilities.