Manchester United has announced an operating profit of £32.6 million for the six months ending December 31, 2025, a significant improvement from the previous year. However, the club's debt has risen to a striking £1.3 billion.

• The club's total debt now stands at £1.29 billion, combining legacy debt, new credit facility drawdowns, and outstanding transfer fee payments.
• Manchester United chief executive Omar Berrada attributed the improved financial performance to the club's "off-pitch transformation."
• Despite increased debt, costs have been reduced, with wages falling by 9% and Sir Jim Ratcliffe instigating significant cost-cutting measures since taking a 29% stake.