Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Manchester United take £22m hit from sacking of Ruben Amorim
Business & Finance

Manchester United take £22m hit from sacking of Ruben Amorim

The Guardian World Wednesday 27 May 2026, 15:02 UTC By Rob Davies 1 min read
Key Points

Manchester United has incurred a £22m loss following the dismissal of former manager Ruben Amorim. However, the club has managed to halve its pre-tax losses to £18m over the first nine months of the year. This improvement was aided by better on-pitch performance and cost-cutting measures implemented by Sir Jim Ratcliffe, alongside a 57% rise in broadcast income.

On-pitch performance and cost-cutting help to halve pre-tax losses to £18m in the first nine months of the year

Manchester United have taken a £22m hit from the sacking of former manager Ruben Amorim but cut their losses in half thanks to improved performance on the pitch and the cost-cutting zeal of their co-owner Sir Jim Ratcliffe.

United’s successful pursuit of Champions League football under Michael Carrick drove a 57% rise in broadcast income during the third quarter of the financial year to nearly £65m, as more of the club’s games were picked for TV.

Continue reading...
Originally published by The Guardian World Read original →

Related Stories

Warburg CEO Calls IPO Market ‘Broken’ Even Amid Giant Offerings

Bloomberg Markets 1h ago

'Partners and friends’: Trade and defence top of agenda at EU-South Korea summit

As security threats grow and geopolitics shift, the European Union and Republic of South Korea have celebrated a new Digital Trade Agreement at a summit in Brussels. European Commission President Ursula von der Leyen, European Council President Antonio Costa and with South Korean President Lee Jae-myung celebrated the signing of new a digital trade agreement at a ceremony in Brussels on Wednesday. The event marked the EU and South Korea's 11th summit, with everything from security and...

Euronews 1h ago

Trump signs $70 billion immigration funding bill after months of delay

President Donald Trump on Wednesday signed a $70 billion bill to fund immigration enforcement agencies through the end of his term. The package to fund Immigration and Customs Enforcement and Customs and Border Protection passed out of Congress in the last week after months of debate and delays amid Democratic concerns about overly aggressive immigration enforcement. At a signing ceremony in the Oval Office on Wednesday, Trump said the bill would "give the heroes of ICE and border patrol ......

CNBC 1h ago

Pay what you wish: the restaurant where customers can eat for free – if their conscience lets them

Ever since the Post Modern Times cafe in Minneapolis ditched its price list, half the customers have chosen not to pay. It’s still making a profitName: Pay what you wish. Popular since the 00s, but dating back to at least the 80s.

The Guardian Business 1h ago