More than 400 employees have been laid off! British media: Manchester United s losses of 80 million in the last fiscal year are largely due to layoffs
Manchester United released its fourth quarter financial report for the 2025 fiscal year yesterday and its financial performance analysis report for the 2025 fiscal year. The British media Daily Telegraph wrote an article to analyze that due to La Jue's previous large-scale layoffs, Manchester United's losses in the last fiscal year have dropped by 80 million pounds, which has dropped to 33 million pounds. According to data from the financial report, Manchester United's layoffs cost the team as much as 36.6 million pounds, including the sack of Tenhamhe and sports director Ashworth. The total number of club employees has been reduced from 1,122 to about 700. In the 12 months ended June 30 this year, the club's net loss fell to £33 million, a significant drop from £113.2 million in the previous fiscal year. The Telegraph believes that this is largely due to the layoffs in about 400 positions. The article also stated that Manchester United failed to participate in the Champions League last season and the league ranking hit a 51-year low, which caused its broadcast revenue to plummet by nearly 50 million pounds.
Despite this, Manchester United still achieved the highest revenue in team history last season, with £666.5 million. This is due to record business revenue (up 10%), game-day revenue (up 16.9%), and reduced operating costs. The sharp increase in commercial revenue was due to the jersey sponsorship agreement signed with Snapdragon, and on the other hand, it was driven by the club's cooperation in launching a new e-commerce model. As the players missed the Champions League, the players accepted a 25% salary cut, and Manchester United's salary expenditure also dropped by 51.5 million pounds to 313.2 million pounds.