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Man Utd Make Huge Loss in Previous Annual Results, Check The Amount that Was a Loss

In their previous annual results, the Old Trafford giants' revenue dropped from £627.1m to £509m - figures that incorporated just a three-month hit of the coronavirus pandemic.

The economic ramifications continued in the year ending June 30, 2021, with United seeing revenue drop down to £494.1m.

The net loss of £92.2m - up 297.4 per cent from £23.2m in 2020 - was largely down to the accounting impact of a £66.6m non-cash tax charge.

United have done some few with Cristiano Ronaldo back, Raphael Varane, Jadon Sancho and Tom Heaton, to further reinforce the progress that our first team has been making under Ole.

With fans allowed back after 18months,Man Utd is expected to recover back some losses they made. Champions League participation was a key reason behind wages increasing by 13.6 per cent to £322.6m.

Manchester United executive vice-chairman Ed Woodward said: "It has been an exciting start to the season at Old Trafford, with capacity crowds in attendance for the first time in almost 18 months.

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