Manchester United have revealed record revenues of £646.4m for the 2022-23 financial year, despite not playing in the Champions League.
The Red Devils earned £302.9m from commercial revenue, which means the club has gotten over £300m in sponsorship money in a year for the first time ever.
The club’s matchday revenue also progressed to £136.4m, £25.9m increase from the previous financial year due to our Carabao Cup and FA Cup impressive showing last season.
Meanwhile, the club also announced a net loss of £28.7m for the 22/23 year despite all the revenue which is actually way lower than the £115.5m that was recorded in the 21/22 season.
Moreover, our total debt is still around £536.2m and the club is struggling to bring that down despite the record revenue.