Man United Faces Financial Struggles After Worst Premier League Season [View all]

Manchester United’s worst Premier League season since England’s top flight of men’s pro soccer reorganized in 1992 has now been followed by a meager quarterly earnings report, spotlighting the ongoing issues around the embattled organization.

The club said Wednesday it posted an operating loss of $85 million for the three months ending March 31, soaring exponentially beyond the comparable $6 million loss for the same period a year ago. The net loss similarly rose to $91.7 million from last year’s $7.2 million loss in the fiscal third quarter. Revenues, not surprisingly, lagged by 20% to $175.5 million.

The financial period in question does not account for the end of the 2023–24 season, one in which Manchester United finished in eighth place, 31 standings points off the lead, and the club’s lowest placement since the Premier League was formed 32 years ago.



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