Manchester United Still Losing Money Even After Drastic Cost Cutting

Manchester United fans prior to the Premier League match with West Ham United at Old Trafford, on Dec. 4.

Photographer: Alex Livesey/Getty Images

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.