Manchester United Raises Profit Outlook to £180m-£190m on Europa League Revenue Surge Amid Premier League Woes

Manchester United has increased its adjusted EBITDA forecast to between £180 million and £190 million for the fiscal year ending June 2025, up from a prior estimate of £145 million to £160 million. The club’s run to the Europa League final, despite a 1-0 defeat to Tottenham, was pivotal in boosting revenues, especially from ticket sales and broadcasting.

Total revenue for the quarter to March 31 reached £160.5 million, a 17.4% increase from the previous year, driven by a 50% jump in matchday revenue to £44.5 million due to a higher number of home games. Operating costs fell by 20.4%, helped by a leaner wage bill from Europa League participation and loan exits of players like Marcus Rashford and Antony.

Manchester United endured its worst Premier League finish since 1974, ending 15th, and will miss out on European football next season. CEO Omar Berrada said, “We had a difficult season in the Premier League, which we all know fell below our standards and we have a clear expectation of improvement next season.”

The club is actively rebuilding its squad, signing Wolves forward Matheus Cunha for £62.5 million and targeting Brentford winger Bryan Mbeumo. Cost-cutting measures, including a redundancy program led by minority owner Jim Ratcliffe, have helped reduce expenses. The club reported a net loss of £2.7 million for the quarter, a significant improvement from a £71.5 million loss a year ago.