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flag Manchester United made a £32.6M profit in first half of 2025-26, reversing last year’s loss, due to cost cuts despite lower revenue.

flag Manchester United posted an operating profit of £32.6 million for the first half of the 2025-26 fiscal year, reversing a £3.9 million loss from the prior year, despite a revenue drop to £190.3 million. flag The turnaround stems from cost-cutting measures, including staff reductions and restructuring led by minority owner Sir Jim Ratcliffe. flag Commercial revenue fell to £78.5 million and matchday income to £49.5 million, impacted by missing European football and early cup exits. flag The club remains on track for full-year revenues of £640–660 million, with the men’s team fourth in the Premier League and the women’s team second in the Women’s Super League, reaching the League Cup final and Champions League quarterfinals.

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