Manchester United has reported a significant increase in operating profit following recent job cuts and an off-pitch restructuring initiative.

• The club recorded an operating profit of £32.6 million ($44 million) for the first six months of the fiscal year, a substantial turnaround from a £3.9 million loss in the same period last year.
• This financial improvement was overseen by minority owner Jim Ratcliffe and is attributed to operating cost and headcount reduction programs that led to approximately 450 job cuts.
• Despite a decrease in total revenues to £190.3 million, driven by the absence of Champions League and Europa League income, CEO Omar Berrada highlighted the "positive financial impact of our off-pitch transformation."