
Manchester United finances and accounts
Manchester United turned over £601m in 2024/25 and paid £296m in staff costs, which is 49.3% of everything the club earned.
Revenue by season
What Manchester United turned over in each year we hold accounts for.
Every measure, season by season
Costs are shown as the amount paid. A dash is a measure Manchester United does not report on its own.
| MEASURE | 2024/25 | 2023/24 | 2022/23 | 2021/22 | 2020/21 | 2019/20 | 2018/19 |
|---|---|---|---|---|---|---|---|
| Revenue | £600,652,000£600.7m | £613,444,000£613.4m | £601,313,000£601.3m | £539,937,000£539.9m | £464,839,000£464.8m | £487,460,000£487.5m | £601,935,000£601.9m |
| Staff costs | £296,080,000£296.1m | £349,507,000£349.5m | £313,775,000£313.8m | £372,533,000£372.5m | £312,359,000£312.4m | £274,189,000£274.2m | £324,004,000£324.0m |
| Wages and salaries | £258,497,000£258.5m | £305,809,000£305.8m | £276,596,000£276.6m | £329,694,000£329.7m | £276,752,000£276.8m | £242,557,000£242.6m | £287,482,000£287.5m |
| Social security costs | £34,208,000£34.2m | £39,748,000£39.7m | £33,701,000£33.7m | £39,776,000£39.8m | £32,833,000£32.8m | £28,896,000£28.9m | £34,091,000£34.1m |
| Pension costs | £3,375,000£3.4m | £3,950,000£4.0m | £3,478,000£3.5m | £3,063,000£3.1m | £2,774,000£2.8m | £2,736,000£2.7m | £2,431,000£2.4m |
| Other operating income | - | - | £1,112,000£1.1m | - | - | - | - |
| Other operating costs | £659,695,000£659.7m | £679,064,000£679.1m | £626,838,000£626.8m | £626,489,000£626.5m | £503,120,000£503.1m | £486,757,000£486.8m | £570,081,000£570.1m |
| Other expenses | £19,927,000£19.9m | £18,241,000£18.2m | £18,997,000£19.0m | £14,746,000£14.7m | £16,602,000£16.6m | £13,299,000£13.3m | £10,040,000£10.0m |
| Profit on player sales | £48,621,000£48.6m | £38,033,000£38.0m | £19,468,000£19.5m | £21,842,000£21.8m | £7,394,000£7.4m | £18,370,000£18.4m | £25,799,000£25.8m |
| Operating result | -£12,861,000£12.9m | -£27,980,000£28.0m | -£6,896,000£6.9m | -£92,261,000£92.3m | -£38,615,000£38.6m | £14,535,000£14.5m | £57,126,000£57.1m |
| Pre-tax result | -£32,747,000£32.7m | -£70,854,000£70.9m | -£25,132,000£25.1m | -£147,121,000£147.1m | -£9,167,000£9.2m | -£17,744,000£17.7m | £28,379,000£28.4m |
| Wages to revenue | 49.3% | 57% | 52.2% | 69% | 67.2% | 56.2% | 53.8% |
What the wage bill covers
Staff costs are the whole payroll and not just the first team: players, coaching staff, the academy and everyone working at the ground. Manchester United paid £296m against £601m of revenue, so 49p of every pound went back out as pay.
Premier League revenue
The 15 clubs in the division whose accounts cover the same twelve months. Follow a club for its own finances.
Frequently asked questions
How much revenue do Manchester United make?
Manchester United turned over £601m in 2024/25.
What is the Manchester United wage bill?
Manchester United paid £296m in staff costs in 2024/25, which is 49.3% of revenue.
Do Manchester United make a profit?
Manchester United made a pre-tax loss of £33m in 2024/25.
The accounts behind these figures
Company number 00095489. Every set of accounts read for this page.
- 2024/25 accounts
- 2023/24 accounts
- 2022/23 accounts
- 2021/22 accounts
- 2020/21 accounts
- 2019/20 accounts
- 2018/19 accounts
- 2017/18 accounts
- 2016/17 accounts
Contains public sector information licensed under the Open Government Licence v3.0.