Manchester United's Finances Report Losses Three Times in Five Years

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Reza Pahlevi 15/02/2022 07:30 WIB

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Manchester United recorded profits in 2017 and 2019.

Manchester United's Revenue and Net Profit/Loss

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Manchester United's Finances Report Losses Three Times in Five Years

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Manchester United's Revenue and Net Profit/Loss

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Manchester United (MU) is the only English club listed on the New York Stock Exchange (NYSE). In the last five years, this most successful English Premier League winning club has only recorded profits twice. In fact, the club has experienced losses in the last two years.

In 2017, MU recorded revenue of £581.52 million. From this revenue, MU recorded a net profit of £39.21 million.

MU increased its revenue to £589.76 million in 2018. Despite the increase in revenue, MU recorded a loss of £37.63 million.

MU's revenue increased again to £627.12 million in 2019. This revenue increase resulted in the club returning to profit of £18.88 million.

The pandemic caused revenue to decrease and losses to increase for MU. Revenue fell to £509.41 million in 2020 and further decreased to £494.12 million in 2021.

MU recorded a loss of £23.23 million in 2020, which tripled to £92.22 million in 2021. In its financial reports, MU cited the closure of Old Trafford stadium and other tourism operations as the cause of its poor financial performance.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."