• Home
  • News
  • Government
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Health
  • About Federal Character
  • Advertise With Us
Federal Character
No Result
View All Result
Federal Character
  • Home
  • News
  • Government
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Health
  • About Federal Character
  • Advertise With Us
No Result
View All Result
Federal Character
No Result
View All Result
Home News
Manchester United Endure Worst Premier League Start Since 1992 After Tottenham Draw

Manchester United reported a quarterly profit thanks to cost-cutting measures starting to show results

Hashim KolawolebyHashim Kolawole
8 months ago
in News
Reading Time: 1 min read
A A
0
Facebook ShareWhatsapp ShareX Share

Manchester United reported a net profit of £4.2 million in the second quarter for the period ending December 31.

The result shows a clear improvement from the £27.7 million loss recorded during the same period last year, showing the effect of cost-cutting steps taken after six straight years of financial losses.

Over the last year, the club has made big changes behind the scenes, cutting jobs and tightening operational costs to get finances back on track. Chief Executive Omar Berrada said the club is now starting to see the positive effects of its restructuring strategy on both costs and profitability.

Manchester United reported a quarterly profit thanks to cost-cutting measures starting to show results

Financial challenges still remain. United’s debt went up by 37%, reaching £295 million. By the end of 2025, the amount reached 7 million, while cash reserves dropped to £44.4 million, starting at just £95.5million a year earlier.

The club’s absence from European competitions led to lower sponsorship income and fewer ticket sales, which kept overall revenue from growing. Since Michael Carrick took over from Ruben Amorim in January as the interim manager, the team’s performance on the field has gotten better.

United are currently fourth in the Premier League with 48 points and are well in the running for a spot in the UEFA Champions League next season.

Tags: federal characterFootballManchester UnitedNewsquarterly profitSports
Share234SendTweet147
Hashim Kolawole

Hashim Kolawole

I'm Hashim, a sports lover. Sport writing is my way of preaching sports to the world, merging my passion for the game with captivating storytelling. Hobbies include Sports, Literature, Travel, Writing, Music, exploring new types of sports.

Related Stories

US Postal Worker Charged Over Withholding 1,000 Political Campaign Mail Pieces

US Postal Worker Charged Over Withholding 1,000 Political Campaign Mail Pieces

byAyobami Owolabi
0

A postal worker in Sacramento, California, has been charged with obstructing mail delivery after allegedly withholding more than 1,000 political campaign mail pieces meant for residents ahead of...

California High-Speed Rail Chief Steps Down Amid Accountability Questions

California High-Speed Rail Chief Steps Down Amid Accountability Questions

byAyobami Owolabi
0

Ian Choudri, chief executive officer of the California High-Speed Rail Authority, has resigned following an investigation into the agency’s spending on travel expenses. Choudri, who took over as...

Oleshky Evacuees Return to Ukraine After 1,711 Days Under Occupation

Oleshky Evacuees Return to Ukraine After 1,711 Days Under Occupation

bySomto Nwanolue
0

Dmytro had not seen his wife Larisa for 1,711 days. He had been counting. Waiting near the border between Ukraine and Belarus, his eyes were fixed on the...

Daylight Saving Time Ends Sunday as Clocks Fall Back Across US

Daylight Saving Time Ends Sunday as Clocks Fall Back Across US

bySomto Nwanolue
0

Clocks across much of the United States will fall back once again Sunday as daylight saving time comes to an end. Daylight saving time started at 2 a.m....

Next Post
Portugal Monitors Unrest in Mexico as Estadio Azteca Friendly Is at Risk

Portugal Monitors Unrest in Mexico as Estadio Azteca Friendly Is at Risk

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Federal Character

We bring to you precise and factual news.
Towson, Baltimore, Maryland, USA

Recent Posts

  • The “Maxxing” Epidemic: How We Turned Self-Improvement Into Self-Destruction
  • Iran Unveils ‘We Will Kill Trump’ Banner After US Midterm Defeat
  • World Reacts to US Midterms: Iran, Russia, Europe Weigh In

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Sports
  • Tech

Weekly Newsletter

  • Home
  • About Federal Character
  • Advertise With Us
  • Cookie Policy
  • Sitemap

Copyright © FederalCharacter.com 2026 .

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • Government
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Health
  • About Federal Character
  • Advertise With Us

Copyright © FederalCharacter.com 2026 .