Manchester United FC: a turnover of £583.2m (+18%) and net loss of £115.5m in 2021-22

Manchester United FC (Premier League) has posted a turnover of £583.2m (€675.9m as of 30/06/2022) for the financial year 2022 (from 01/07/2021 to 30/06/2022), up 18% compared to 2021 (£494.1m/€575.8m on 30/06/2021), announced the club, which presented its annual accounts (unaudited) on 22/09/2022.

TV rights revenue fell significantly (-15.7% to £214.9m/€249m). By contrast, commercial revenues increased (+11% to £257.8m/€298.8m) while match revenues were multiplied by fifteen (£110.5m/€128.5m in 2021-22, versus £7.1m/€8.3m in 2020-21).

With an average of 73,150 spectators per match at Old Trafford (74,879 capacity) during the 2021-22 season, for an average fill rate of 97.7%, the Manchester club posted the best average attendance in England. These high figures were boosted by an absence of restrictions imposed by the British authorities on the number of fans allowed into sports venues over the entire season, while 2020-21 was marked by matches held behind closed doors for nearly all games.

The Mancunian club's operating result fell further (-£87.4m/-€101.3m compared to -£36.9m/-€43m in…