Manchester United Claims Financial Figures Indicate Club's Transformation

Manchester United's chief executive, Omar Berrada, stated that the most recent financial outcomes, unveiled on Thursday, demonstrate "strong progress in our transformation of the club".

The Red Devils achieved an operating profit of £13 million ($17.4 million) over the three months ending September 30, a turnaround from the £6.9 million deficit recorded in the corresponding period of the prior year.

For the first quarter of the 2026 fiscal year, United's overall revenue fell by two percent to £140.3 million, largely because the men's squad did not participate in European fixtures; they currently sit sixth in the Premier League, managed by Ruben Amorim.

Under Marc Skinner's guidance, the women's side holds third position in the Women's Super League and is taking part in the Women's Champions League.

"These robust financial results reflect the resilience of Manchester United as we make strong progress in our transformation of the club," Berrada remarked.

"The difficult decisions we have made in the past year have resulted in a sustainably lower cost base and a more streamlined, effective organisation equipped to drive the club towards improved sporting and commercial performance over the long term."

According to United's financial report, the club is still experiencing the effects of the operating cost and staff reduction initiatives rolled out in the preceding year.

Co-owner Jim Ratcliffe directed extensive, and frequently controversial, efforts to reduce expenses, which encompassed significant layoffs.

The report indicated that "employee benefit expenses" amounted to £73.6 million for the period, down £6.6 million, mainly owing to the redundancies.

United maintains that it is poised to achieve revenues ranging from £640 million to £660 million in the 2026 fiscal year.