Man Utd debt rises to £1.3bn despite profit

Football

Manchester United has reported a return to profitability for the second quarter, although overall debt figures reached record levels.

Manchester United PLC reported a net profit of £6.3m for the three months ending December 31, 2025. It represents a significant improvement from the £15.1m loss recorded during the same period in the previous year, according to figures released by the New York Stock Exchange. The club attributed the financial turnaround to increased commercial revenue and reduced operating costs.

Total debt rose to nearly £1.3bn during the quarter. This figure includes £653m in gross debt, £143m from a revolving credit facility, and £474m in outstanding transfer fees. United remains burdened by high interest payments on its legacy loans, which cost the club £31m in the first half of the financial year, per Reuters.

Revenue for the quarter reached £225.8m, driven by record matchday receipts at Old Trafford and new sponsorship agreements. Ineos, led by Sir Jim Ratcliffe, continues to oversee football operations following its recent investment in the club, as reported by The Guardian. The club expects full-year revenues to reach between £635m and £665m.

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