Manchester United Q4 revenue falls on lower commercial income - MANU News | RalliesManchester United Q4 revenue falls on lower commercial income
M
MANU• Outlook
- Manchester United sees full-year 2027 revenue of £740 mln to £760 mln
- Company expects full-year 2027 adjusted EBITDA of £205 mln to £225 mln
Overview
- UK football club's Q4 revenue fell 4% yr/yr, driven by lower commercial and matchday income
- Q4 adjusted EBITDA declined 23% yr/yr, reflecting fewer matches and absence of UEFA competition
- Company secured land for planned 100,000-seat stadium, marking a major milestone
Key details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|
| Q4 Adjusted Net Loss | | GBP 28.2 mln | |
| Q4 Net Loss | | GBP 28.7 mln | |
| Q4 Adjusted EBITDA | Beat | GBP 28.9 mln | GBP 22 mln (1 Analyst) |
| Q4 Operating Income | | -GBP 15 mln | |
Result drivers
- Commercial revenue drop - Q4 commercial revenue fell due to absence of post-season tour and end of training kit sponsorship with Tezos
- Broadcasting revenue up - Q4 broadcasting revenue rose on improved Premier League performance, partially offset by lack of UEFA competition
