Manchester United Posts Record Revenue Despite Missing Champions League
Manchester United reported record fiscal year 2026 revenue of £677.6 million, exceeding analyst estimates and returning to operating profit despite missing the UEFA Champions League for the first time in over a decade. The club recorded an operating profit of £22.6 million compared to a loss of £18.4 million in the prior year. Fourth-quarter revenue reached £157.5 million, with broadcasting being the only growing segment due to United's third-place Premier League finish. Sponsorship and commercial revenues declined significantly during the quarter, partly offset by new partnerships like Betway and SumUp. Operating expenses fell slightly for the full year as cost discipline improved. Jefferies analysts noted that while Champions League bonuses may impact future margins, long-term optimism remains due to stadium development progress and expected revenue growth from European competition in 2027.
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Topics: Commercial Revenue Profitability Revenue Sponsorship