Aasai

Manchester United on Wednesday reported a sixth straight annual loss despite record revenue of £666.5 million ($910 million). The Red Devils missed out on Champions League football in the 2024/25 season and finished 15th in the Premier League -- their lowest finish in the league for 51 years.

Ruben Amorims men reached the Europa League final but were beaten by Tottenham in Bilbao. Revenue rose slightly by 0.7 percent to £666.5 million in the year to June 30, 2025, while operating losses fell sharply from £69.3 million to £18.4 million, compared with £12 million the previous year to £3 million. Co-owner Sir Jim Ratcliffe has overseen a series of, and often unpopular, cost-cutting measures, including a slew of job cuts.

Chief executive Omar Berrada said in a statement on Wednesday that United were starting to feel the benefits of their cost-saving measures, adding that the club was building for the "long term". "On the pitch, we are delighted with the additions we made to our first team mens and womens squads over the summer, while building for the long term," he said.

 "Off the pitch, we are emerging from a period of structural and leadership change with a strengthened, improved organisation equipped to deliver on our sporting and commercial ambitions." The record revenue in a difficult year for the club reflects the consistency that is Manchester Uniteds hallmark, with the introduction of a five-year kit deal securing a record £3m sponsorship deal for the clubs Snapdragon 3.

Matchday revenue of £160.3m next financial year will bring in £640m to £660m despite the absence of European football for the first time since 2014/15. In January, Deloitte ranked United fourth in the Football League table, behind Real Madrid, Manchester City and Paris Saint-Germain, despite the clubs poor start to the new season, taking just four points from their opening four Premier League games, their worst league campaign since 1992/93.

 Manager Amorim, whose team also crashed out of the League Cup at the hands of fourth-tier Grimsby, is under intense pressure ahead of Saturdays clash with Chelsea at Old Trafford.

On the football front, pressure is mounting on manager Ruben Amorim. United have made a poor start to the new campaign, taking just four points from their opening four league games - their worst start since 1992/93 - and being knocked out of the League Cup by fourth-tier Grimsby Town. Saturdays home clash with Chelsea at Old Trafford is now seen as a key test of Amorims future as manager.