Manchester United Reports Net Loss Despite Revenue Growth
Shares of Manchester United (NYSE: MANU) fell nearly 3% in early trading after the football club reported a net loss for fiscal year 2026 despite setting a new revenue record. The company generated £677.6 million ($899 million) in annual revenue, up from last year's figures and achieved an operating profit of £22.6 million ($30 million), reversing previous losses. However, Manchester United reported a net loss of £43 million ($57 million). Management attributed the poor performance to missing out on UEFA competitions this season due to the Men’s team not qualifying for the tournament — despite finishing third in the Premier League and securing promotion back into the Champions League for 2026/27. Looking ahead, Manchester United expects revenue of £740 million to £760 million ($981–$1 billion) in fiscal year 2027. However, adjusted EBITDA guidance suggests potential earnings could be lower than last year despite the higher top-line growth. The company did not provide net income forecasts for next year.
Tickers: $MANU
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