RED FOOTBALL LIMITED
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Next accounts due
2027-03-31 (in 10mo)
Last filed for 2025-06-30
Confirmation statement due
2027-03-04 (in 10mo)
Last made up 2026-02-18
Watchouts
None on the register
Cash
£86M
+17.6% vs 2024
Net assets
£755M
+8% vs 2024
Employees
932
-18.2% vs 2024
Profit before tax
-£30M
+16.1% vs 2024
Name history
Renamed 1 time since incorporation
- RED FOOTBALL LIMITED 2005-04-13 → present
- ALNERY NO.2505 LIMITED 2005-02-18 → 2005-04-13
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-06-30
| Metric | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Turnover | £661,755,000 | £666,514,000 | |
| Operating profit | -£63,058,000 | -£66,712,000 | |
| Profit before tax | -£36,246,000 | -£30,428,000 | |
| Net profit | -£29,236,000 | -£25,289,000 | |
| Cash | £73,175,000 | £86,029,000 | |
| Total assets less current liabilities | £1,404,155,000 | £1,448,795,000 | |
| Net assets | £699,249,000 | £755,168,000 | |
| Equity | £699,249,000 | £755,168,000 | |
| Average employees | 1,140 | 932 | |
| Wages | £317,946,000 | £272,864,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Operating margin | -9.5% | -10.0% | |
| Net margin | -4.4% | -3.8% | |
| Return on capital employed | -4.5% | -4.6% | |
| Gearing (liabilities / total assets) | 63.7% | 66.2% | |
| Current ratio | 1.48x | 0.36x | |
| Interest cover | -1.05x | -1.13x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“As a result of a detailed assessment, including prudent assumptions around the men's first team's performance, and with reference to the Group's balance sheet, existing committed facilities, but also acknowledging the inherent uncertainty of the current economic outlook, Management has concluded that the Group is able to meet its obligations when they fall due for a period of at least 12 months after the date of this report. For this reason, the Directors continue to adopt the going concern basis for preparing the annual financial statements.”
Group structure
- RED FOOTBALL LIMITED · parent
- Red Football Junior Limited 100%
- Manchester United Limited 100%
- Alderley Urban Investments Limited 100%
- Manchester United Football Club Limited 100%
- Manchester United Women's Football Club Limited 100%
- Manchester United Interactive Limited 100%
- MU 099 Limited 100%
- MU Commercial Holdings Limited 100%
- MU Commercial Holdings Junior Limited 100%
- MU Finance Limited 100%
- MU RAML Limited 100%
- MUTV Limited 100%
- RAML USA LLC 100%
Significant events
- “The Group underwent significant operational transformation in the year ended 30 June 2025 including structural and leadership changes and two redundancy programmes.”
- “The Group also saw an additional $100,000,000 of investment from INEOS Limited during the year, part of which was invested in the new state-of-the-art men's first team training building, opened ahead of the 2025/26 season.”
- “The 2025/26 season represents the first full season for our men's first team under head coach Ruben Amorim and with our newly redeveloped Carrington training facility.”
- “Our men's first team will not participate in any UEFA competitions in the 2025/26 season and our women's first team will compete in the UEFA Women's Champions League for the first time.”
- “On 7 July 2025, a drawdown under our revolving facility with Santander of £30.0 million was made.”
- “On 10 July 2025, we amended our revolving facilities by consolidating all funds into a single syndicate, provided by our existing lenders, Bank of America, NatWest and Santander, alongside HSBC as a new entrant. The new facility expires on 31 December 2029, compared to 25 June 2027 under our previous facilities, with total available funds of £350.0 million, compared to £300.0 million under our previous facilities.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GLAZER, Avram | Director | 2005-04-21 | Oct 1960 | American |
| GLAZER, Bryan | Director | 2006-05-17 | Oct 1964 | American |
| GLAZER, Darcie | Director | 2006-05-17 | Jun 1968 | American |
| GLAZER, Edward | Director | 2006-05-17 | Dec 1969 | American |
| GLAZER, Joel | Director | 2005-04-21 | Mar 1967 | American |
| GLAZER, Kevin | Director | 2006-05-17 | Feb 1962 | American |
| NUSBAUM, Mitchell | Director | 2005-05-10 | Jun 1963 | American |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SONDERICKER, William | Secretary | 2005-04-21 | 2014-07-28 |
| ALNERY INCORPORATIONS NO 1 LIMITED | Corporate Nominee Secretary | 2005-02-18 | 2005-04-21 |
| GLAZER, Malcolm | Director | 2005-04-21 | 2005-05-10 |
| SONDERICKER, William | Director | 2005-05-10 | 2005-11-15 |
| ALNERY INCORPORATIONS NO 1 LIMITED | Corporate Nominee Director | 2005-02-18 | 2005-04-21 |
| ALNERY INCORPORATIONS NO 2 LIMITED | Corporate Nominee Director | 2005-02-18 | 2005-04-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Red Football Joint Venture Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 121 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-07-03 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-15 | AA | accounts | Accounts with accounts type group | |
| 2026-03-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-31 | AA | accounts | Accounts with accounts type group | |
| 2025-03-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-13 | SH01 | capital | Capital allotment shares | |
| 2024-07-03 | RESOLUTIONS | resolution | Resolution | |
| 2024-07-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-01 | SH01 | capital | Capital allotment shares | |
| 2024-03-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-16 | AA | accounts | Accounts with accounts type group | |
| 2023-02-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-22 | AA | accounts | Accounts with accounts type group | |
| 2022-05-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-02-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-14 | AA | accounts | Accounts with accounts type group | |
| 2021-02-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-05 | AA | accounts | Accounts with accounts type group | |
| 2020-02-25 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-06-30 vs 2024-06-30
-
Turnover
+0.7%
£661,755,000 £666,514,000
-
Cash
+17.6%
£73,175,000 £86,029,000
-
Net assets
+8%
£699,249,000 £755,168,000
-
Employees
-18.2%
1,140 932
-
Operating profit
-5.8%
-£63,058,000 -£66,712,000
-
Profit before tax
+16.1%
-£36,246,000 -£30,428,000
-
Wages
-14.2%
£317,946,000 £272,864,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers