Man Utd: Financial report reveals £16.7m payout to sacked Ruben Amorim but reflects positive progress

Manchester United's latest financial results show the club are on a positive track, despite having to pay out £16.7m to sacked Ruben Amorim and his coaching staff.

The Portuguese head coach was dismissed in January but his replacement Michael Carrick led an upturn in form which saw United secure a third-placed finish in the Premier League and Champions League qualification for next season.

That direction of travel reflects some encouraging third-quarter financial figures posted on Wednesday, which include an operating profit over the nine months to March 31, 2026 of £37.7m. That compares with a £3.2m operating loss in the same nine months of the previous year.

United's earnings before interest, taxes, depreciation and amortization (EBITDA) for those nine months is £187.5m - up from £145.3m in the year prior.

United believe their cost-cutting off the pitch since Sir Jim Ratcliffe came on board as co-owner - which has included redundancies for club staff - has benefitted these figures.

However, the club still has $650m worth of debt from the Glazer era while short-term borrowing is up to £262.5m - around a £50m increase on the same quarter last year.

Meanwhile, cash and cash equivalents are at £60.9m - down from £73.2m at the same point last year - while £30m was spent in the quarter as a repayment on a "revolving credit facility".

United's early exits from the FA Cup and Carabao Cup also had an impact. Matchday revenue for the quarter was £42.2m. That's 5.2 per cent down on the same quarter last year (£2.3m), with United playing three fewer home matches compared to the prior year quarter.