Man United post record revenues but are still making losses

Man United post record revenues but are still making losses
Manchester United posted record revenues in their latest annual accounts despite missing out on Champions League soccer and enduring their its worst-ever Premier League campaign. (AFP/File)
Short Url
Updated 17 September 2025

Man United post record revenues but are still making losses

Man United post record revenues but are still making losses
  • Despite revenues of $910m the 20-time English champion still reported losses of $45m
  • Losses fell from 113.2 million pounds to 33 million

MANCHESTER: Manchester United posted record revenues in their latest annual accounts despite missing out on Champions League soccer and enduring their its worst-ever Premier League campaign.
But despite revenues of 666.5 million pounds ($910 million) the 20-time English champion still reported losses of 33 million pounds ($45 million).
“To have generated record revenues during such a challenging year for the club demonstrate the resilience which is a hallmark of Manchester United,” chief executive Omar Berrada said.
The accounts for the year ending June 30, 2025, came after minority owner Jim Ratcliffe embarked on cost-cutting measures, which have seen two rounds of job cuts with an estimated reduction of more than 400 members of staff, as well as ticket price hikes.
United told fans in January they could not sustain their losses and Ratcliffe later said the club were in danger of running out of money by the end of the year.
Losses fell from 113.2 million pounds to 33 million.
United’s commercial strength comes despite their ongoing troubles on the field, which have seen them struggle to keep pace with Premier League rivals like Liverpool, Manchester City and Arsenal.
They did not play in the lucrative Champions League last season and finished 15th in England’s 20-team top division — their lowest since the inception of the Premier League in 1992.
They also recorded their lowest points total and highest number of losses, which led to them failing to qualify for any European soccer competition this season.
United have not won the league title since Alex Ferguson retired in 2013.
This season has not started well either, with Ruben Amorim’s team only winning one of four games and having been eliminated from the English League Cup by fourth-tier Grimsby Town.
“As we settle into the 2025-26 season, we are working hard to improve the club in all areas,” Berrada said. “As we start to feel the benefits of our cost-reduction program, there is significant potential for improved financial performance, which will, in turn, support our overriding priority: success on the pitch.”
United said costs of 36.6 million ($50 million) included the departure of former manager Erik ten Hag, who was fired last October.
United’s principal debt remains at $650 million.


In Morocco, exiled Afghan women footballers find hope on the pitch

In Morocco, exiled Afghan women footballers find hope on the pitch
Updated 05 November 2025

In Morocco, exiled Afghan women footballers find hope on the pitch

In Morocco, exiled Afghan women footballers find hope on the pitch
  • The team played their first international matches at the FIFA Unites: Women’s Series late last month in Morocco
  • Twenty-year-old midfielder Mina Ahmadi said “a dream was taken away from us” back home, “but when FIFA recognized us, it was as if a part of that dream came true“

CASABLANCA: Manoozh Noori said she “wanted to die” when the Taliban returned to power in Afghanistan in 2021. That meant she could no longer do what she loved most: playing football.
Noori, now 22, fled the country where the United Nations say authorities have implemented a “gender apartheid,” and has been playing in a team of Afghan refugee women, recently taking part in a first-of-its-kind tournament in Morocco.
“I had asked myself: do I want to stay in this country with people who want to forbid women from studying, from playing football, from doing anything?” Noori told AFP.
The Taliban authorities, who say that women’s rights are protected by Islamic law, have banned girls and women from schools beyond the age of 12, and also from most jobs and public services — and from playing sports.


Noori had defied family pressure to represent Afghanistan professionally by playing for the country’s national women’s squad before a Taliban government returned to power.
She said she buried her trophies and medals in her family’s backyard and left the country for Australia.
Noori’s team, Afghan Women United, was formed between Europe and Australia, where other teammates have also been living since 2021.

- ‘A beautiful story’ -

The team played their first international matches at the FIFA Unites: Women’s Series late last month in Morocco — and Noori scored the team’s first goal in the opening game against Chad.
They went on to lose both to Chad and Tunisia although they registered a big 7-0 win against Libya. But the tournament overall was a major win for the Afghan women.
FIFA President Gianni Infantino, who attended one of their games, described their participation as “a beautiful story” that the women were writing “for so many girls and women all over the world.”
Nilab Mohammadi, a 28-year-old striker and former soldier who also represented the Afghan national team, said football was “not just a sport — it represents life and hope.”
“There is no more freedom in Afghanistan, especially for Afghan women,” Mohammadi added. “But now, we are going to be their voice.”
Twenty-year-old midfielder Mina Ahmadi said “a dream was taken away from us” back home, “but when FIFA recognized us, it was as if a part of that dream came true.”
“This new adventure is a happy moment for us,” added Ahmadi, who is now studying medical sciences in Australia.
“It won’t stop anytime soon, because we will keep moving forward.”

- ‘Just to play football’ -

FIFA has yet to decide whether the refugee team can compete in official international matches as representing Afghanistan, but the players remain determined to get there.
The Afghan Women United now have one goal: to have the squad recognized by FIFA as the Afghan national women’s team since women in the country are not allowed to play the game.
“These women are incredible,” said Aish Ravi, a researcher on gender equity in sports who worked with several of the players when they first arrived in Australia in 2021.
“They are strong and inspiring,” she added. “They’ve had to overcome enormous adversity just to play football.
“This sport is more than a game,” Ravi said. “It symbolizes freedom for them.”
Ahmadi said she dreamed of playing in Europe one day, but being far from home can prove difficult.
“It’s very hard to get used to a country where you didn’t grow up,” she said. “You miss your family and friends... But we have to keep moving forward.”