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Manchester United Slips to Quarterly Loss; CEO Admits Challenges on Pitch
Published by Global Banking & Finance Review®
Posted on February 19, 2025
1 min readLast updated: January 26, 2026
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Manchester United reports a £6.2M loss in Q2, citing Europa League participation as a factor. CEO Omar Berrada acknowledges performance challenges.
Manchester United Reports Quarterly Loss Amid On-Pitch Struggles
(Reuters) -Manchester United reported an adjusted net loss of 6.2 million pounds ($7.80 million) in the second quarter, hurt by lower revenue as the club played the less lucrative Europa instead of the Champions League competition this season.
"We recognise the challenges in improving our men's team's league position and we are all working hard, collectively, to achieve that," CEO Omar Berrada said in a statement on Wednesday.
The club currently sits in the 15th position on the Premier League table, only three places away from the relegation zone.
The company's revenue in the quarter ended December 31 fell 12% to 198.7 million pounds, resulting in an adjusted net loss, compared with a profit of 19.3 million pounds a year ago.
The Premier League soccer club, however, forecast an annual adjusted core profit at the top end of the club's previous range of 145 million pounds to 160 million pounds, while keeping its full-year revenue forecast unchanged.
($1 = 0.7948 pounds)
(Reporting by Yadarisa Shabong in Bengaluru; Editing by Shinjini Ganguli)
Key Takeaways
- •Manchester United reported a £6.2 million loss in Q2.
- •Revenue fell by 12% due to Europa League participation.
- •CEO Omar Berrada acknowledges challenges in league performance.
- •Club forecasts annual profit at the higher end of expectations.
- •Manchester United is currently 15th in the Premier League.
Frequently Asked Questions about Manchester United slips to quarterly loss; CEO admits challenges on pitch
1What was Manchester United's adjusted net loss for the quarter?
Manchester United reported an adjusted net loss of 6.2 million pounds ($7.80 million) in the second quarter.
2How did the club's revenue change compared to last year?
The company's revenue in the quarter ended December 31 fell 12% to 198.7 million pounds, compared to a profit of 19.3 million pounds a year ago.
3What position does Manchester United currently hold in the Premier League?
The club currently sits in the 15th position on the Premier League table, only three places away from the relegation zone.
4What did CEO Omar Berrada say regarding the team's performance?
CEO Omar Berrada acknowledged the challenges in improving the men's team's league position and stated that everyone is working hard to achieve better results.
5What is the forecast for Manchester United's annual adjusted core profit?
The club forecasted an annual adjusted core profit at the top end of the previous range of 145 million pounds to 160 million pounds.
