Man Utd Financials: Revenue Rises, Loss Widens After Amorim Payoff

Man Utd post £12m loss despite revenue growth in first half of 2026 

The club forecasts a Champions League revenue boost for next year, but Q2 sponsorship fell 9.4%. CEO Omar Berrada says business transformation is on track.

“We feel very positive about the club's progress this season and the continuing positive impact...”

The club said revenue improved compared to last year, though it still recorded a net loss of nearly £12 million for the first six months of 2026.

The club’s return to the Champions League is expected to boost revenue next fiscal year as it benefits from lucrative broadcast rights and new sponsorship deals. For the latest quarter, sponsorship revenue was down 9.4%.

“We feel very positive about the club's progress this season and the continuing positive impact of our business transformation initiatives,” CEO Omar Berrada said in a statement.

United’s decision to dismiss head coach Ruben Amorim and his coaching staff with 18 months remaining on the Portuguese manager’s contract cost the club £16.7 million, as stated in the financial report.

Amorim was let go in January, but Michael Carrick took over and improved results, guiding United to a third-place finish in the Premier League and a place in next season’s Champions League.

Amorim’s exit marks another costly managerial departure at Old Trafford. Financial figures released in February 2025 showed it had cost United £14.5 million to dismiss Erik ten Hag and his staff.

Carrick’s appointment as United’s permanent manager on a two-year deal was confirmed last week, and the move appears to have helped the Red Devils. This follows Amorim leading the team to a 15th-place finish in 2025, their lowest since relegation from England’s top division in 1974.