Manchester United’s Upcoming Financial Disclosure
Manchester United is set to disclose critical financial details in its upcoming annual accounts, scheduled for release on Wednesday. This announcement comes six months after minority owner Jim Ratcliffe warned that the famed club could deplete its financial resources by the end of 2025. The Premier League giants, which are traded on the New York Stock Exchange, informed investors last Friday that their fiscal report, covering the fourth quarter through June 30, will be available at 7 a.m. ET (12 p.m. BST) on September 17.
Challenges Faced by the Club
The past year has been particularly challenging for the club, both on and off the field. Manchester United’s performance reached a nadir with their lowest-ever finish in the Premier League, while the organization was compelled to implement substantial job cuts affecting numerous employees. In March, Ratcliffe, who invested £300 million ($407.4 million) into United, expressed his concerns regarding the club’s precarious financial status.
“Simply put, Manchester United has been expending more funds than it has generated for the past seven years, leading to a troubling situation,” Ratcliffe stated. He added that by the conclusion of the 2025 financial year, the team would likely face a cash crisis.
Financial Overview
In the previous financial year, United reported a net loss amounting to £113.2 million, amidst a troubling backdrop where their total gross debt reached £547 million—two decades after the Glazer family acquired the club through a leveraged buyout, which had initially left it debt-free. Although the Glazers continue to hold majority ownership, Ratcliffe’s INEOS Group achieved a 27.7% stake in February 2024, positioning himself to oversee football operations at the club.
Looking Ahead
As the club navigates these tumultuous waters, its supporters are eager for any signal of financial recovery, especially in light of recent struggles and upcoming matches in the Premier League.
