Manchester United achieved record revenues for 2024/25 of £666.5m - but the club still made an overall loss of £33m.

The club's annual accounts showed that they earned greater revenue than ever before despite not having Champions League football last season.

United bosses have hailed their five-year shirt sponsorship deal with Snapdragon as the most valuable deal of its kind in world sport, and that played a significant role in boosting revenues with four years remaining on that deal.

However, the club's board is still urging caution after a raft of cost-cutting measures in the last 12 months. The accounts show total operating expenses for the year were down 4.5 per cent, and employee expenses by 14.1 per cent, or £51.5m.

This was achieved by a number of high-earning players, who were

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