Man Utd profits soar despite Amorim payout

Manchester United has reported a significant increase in operating profit for the nine months ending March 31, 2026. The club posted an operating profit of £37.7 million, a substantial turnaround from the £3.2 million operating loss recorded in the same period last year. Earnings before interest, taxes, depreciation, and amortization (EBITDA) rose to £187.5 million, up from £145.3 million in the prior year.

These positive financial results come despite a £16.7 million expense related to the sacking of former head coach Ruben Amorim and his staff in January. The club attributes some of the improved figures to off-field cost-cutting initiatives introduced since Sir Jim Ratcliffe became co-owner, which have included staff redundancies.

However, the club continues to manage considerable debt, with $650 million remaining from the Glazer era. Short-term borrowing has also increased to £262.5 million. Matchday revenue saw a slight decrease of 5.2 percent in the last quarter due to fewer home games compared to the previous year, with early exits from cup competitions also impacting income. Despite these challenges, CEO Omar Berrada expressed optimism about the club's business transformation and on-field performance, highlighted by securing a third-place Premier League finish and Champions League qualification under new head coach Michael Carrick.