#915 | Jamie and Ed dig into United’s full-year 2025 results - headline number: record revenue of £666 million. That’s the good news. The rest is a little murkier. They pick apart Sir Jim Ratcliffe and Omar Berrada’s financial playbook, the Europa League bump that inflated the top line, and the bullish outlook for 2026. There’s plenty of risk too - miss out on Europe again and the house of cards wobbles.

The pod takes in transfer profits, debt and credit facilities, and whether the new regime can actually tame United’s long-running addiction to commercial cash. Sponsorships are up, but so are the questions: how sustainable is this model if results on the pitch keep tanking? Finally, the lads look ahead to future reports, stadium and infrastructure investment, and what it all means for United’s ability to compete in the market.

Chapters
00:00 Introduction
03:27 Financial performance - revenue, profit, league impact
06:29 Debt position and the credit facility shuffle
10:53 Future outlook and 2026 guidance
14:46 Transfers, player sales, amortisation
17:59 Sponsorships and commercial deals
22:28 Infrastructure investment and future reports
27:46 Closing remarks

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