Nº 1025

Co-op Live revenues soar to £64.9m as Manchester arena cuts losses

TheBusinessDesk

Summary

Eastlands Arena Holdings, the sole owner of Manchester's Co-op Live, filed accounts for the year to June 30, 2025 showing revenues of £64.89m against £13.955m previously. The arena hosted 95 performances drawing 1,138,703 attendees, including Bruce Springsteen, the Eagles, Pearl Jam and Burna Boy, alongside UFC and MTV EMAs broadcasts.

Pre-tax losses fell to £9.747m from £15.866m, while gross profit increased to £43m and operating profit swung to £7.9m from a £12.7m loss. EBITDA grew to £21.7m from £11.489m. The arena operates with 90 full-time and 444 casual staff, generating £1.3bn in UK economic turnover in year one.

The arena has secured major future events including the BRITs and MOBOs in 2026 and an NBA game in 2027. Directors anticipate continued growth in revenue and EBITDA, with additional sponsorship contracts negotiated and a strengthening event pipeline ahead.

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Common questions

What is this article about?
Co-op Live's parent company reported revenues of £64.89m in its second year of operation, more than four times the previous year, while cutting pre-tax losses from £15.9m to £9.7m. The arena hosted 95 performances attracting 1.14m attendees including major global acts and sporting events.
When was this published?
This article was published on 13 July 2026.
Who published this article?
This article was published by TheBusinessDesk.