The Manchester United Thread

[Theatre of Dreams83]

Ben Jacobs

@JacobsBen



Manchester United publish their third-quarter fiscal results.

- Total revenues increased 17.4% in the quarter- The Company recorded an operating profit £0.7m in the quarter compared to an operating loss of £66.2m in 3Q24; Adjusted EBITDA for the quarter was £51.2 million, up 274% on Q3 fiscal 2024- Work continues on the £50m Carrington training ground redevelopment and is expected to be finished in advance of the 2025/26 season- For fiscal 2025, #MUFC has tightened its revenue guidance to £660m to £670m and expects to be at the higher end of this range. Also a raised Adjusted EBITDA guidance to between £180 million and £190 million

 

[Theatre of Dreams83]

Omar Berrada: “We were proud to reach the final of the UEFA Europa League, but ultimately, we were disappointed to finish as runner-up in Bilbao. We had a difficult season in the Premier League, which we all know fell below our standards and we have a clear expectation of improvement next season.

"We have been pleased with the performance of our women’s team, with a third placed league finish, enabling us to qualify for the UEFA Champions League and once again reaching the FA Cup Final. We followed this by reaching the final of the inaugural World Sevens Series. We extended the contract of Head Coach, Marc Skinner, reflecting the excellent work he has done with the team this season.

"We remain focused on infrastructure, with the redevelopment of our Carrington Training Complex continuing and on track, which will be the heart of our club, providing world class facilities for all our teams and our staff.

"We have also announced our aspiration to pursue a new 100,000 seat stadium, sitting at the heart of the regeneration of the Old Trafford area, which would be a catalyst for growth and investment in our local community. We are continuing to work with all the relevant stakeholders, including central Government, to support their vision for growth."