MANCHESTER, ENGLAND - AUGUST 15: (EDITORS NOTE: Image has been digitally altered) The Manchester United squad (Back Row L-R: Physio Richard Merron, Coach Charlie Owen, Timothy Fosu-Mensah, Marcos Rojo, Aaron Wan-Bissaka, Mason Greenwood, Paul Pogba, Harry Maguire, Chris Smalling, Nemanja Matic, Scott McTominay, Axel Tuanzebe, Coach Richard Hawkins, Coach Paul Brand. Middle Row L-R: Dr Steve McNally, Coach Michael Carrick, Coach Kieran McKenna, Tahith Chong, Jesus Gamez, Victor Lindelof, Sergio Romero, David de Gea, Lee Grant, Phil Jones, Anthony Martial, Diogo Dalot, Eric Bailly, Goalkeeping Coach Richard Hartis, Coach Emilio Alvarez, Kit Manager Alec Wylie. Front Row L-R: Alexis Sanchez, Angel Gomes, Daniel James, Juan Mata, Jesse Lingard, Manager Ole Gunnar Solskjaer, Ashley Young, Assistant manager Mike Phelan, Marcus Rashford, Luke Shaw, Andreas Pereira, Fred, Brandon Williams) pose for the annual team photo at Old Trafford on August 15, 2019 in Manchester, England. (Photo by Manchester United/Manchester United via Getty Images)
The figures were outlined in United’s 2019-20 financial statement, which took in the period during which English football was closed down completely.
United’s overall revenue was down 18.8% from £627.1m to £509m but part of this was due to the club not qualifying for last season’s Champions League.
In last year’s statement, United had estimated revenues could reach £580m.
“Our focus remains on protecting the health of our colleagues, fans and community while adapting to the significant economic ramifications of the pandemic,” said the club’s executive vice-chairman Ed Woodward.
“Within that context, our top priority is to get fans back into the stadium safely and as soon as possible.”
