Скачать или смотреть Man Utd Accounts 2025: Commercial Power and the Cost of Borrowing

Manchester United are one of the biggest commercial forces in world football — generating almost £667 million in revenue in 2025. But despite their enormous global brand, the club is still paying around £59 million per year in interest costs.

In this video, I break down Manchester United’s FY2025 accounts, exploring how the club makes its money, why broadcasting income can fluctuate with league performance, and how commercial revenues continue to prop United up even during weaker seasons on the pitch.

We also look at wage sustainability, matchday growth at Old Trafford, and the long-term impact of the club’s debt legacy following the leveraged buyout.

📊 Key topics covered:

Manchester United revenue growth (2021–2025)

Commercial revenue dominance (£333m in 2025)

Broadcasting revenue volatility and sensitivity

Matchday income and Old Trafford’s financial importance

Wage costs, cost-cutting, and a healthy wage-to-revenue ratio (52%)

Borrowings of £637m and the cost of servicing debt

The opportunity cost of spending tens of millions on interest

Manchester United remain financially strong — but the debt position continues to be the biggest constraint preventing them from reaching the very top tier of football finance.

⚽ More Premier League club accounts breakdowns coming soon — Arsenal and Liverpool next.

Source: Manchester United plc Annual Report 2021-2025