Manchester United Still Losing Money Even After Drastic Cost Cutting
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Manchester United fans prior to the Premier League match with West Ham United at Old Trafford, on Dec. 4.Manchester United PLC’s losses continued, despite part owner Jim Ratcliffe’s drastic cost cutting at the Premier League club.
The Premier League club posted lossesBloomberg Terminal of £6.6 million ($8.8 million) for the three months to Sept. 30, while revenues dropped 2% to £140.3 million, attributed to their absence from European competition this season following a disappointing 2024-25 campaign.