Published
2026-10-27
Union records historic financial result
Royale Union Saint-Gilloise closes the 2026 financial year with a net profit of €42 million after tax.
A historic result for the club, which significantly improves its financial position.
Royale Union Saint-Gilloise closes the 2026 financial year (2025-2026 season) with a pre-tax profit of €51 million, on which the club pays more than €8.8 million in corporate income tax. This exceptional profit is mainly attributable to two factors: the capital gains realised from player sales during the summer 2025 transfer window, confirming the club’s ability to identify talent and increase its value, and participation in the UEFA Champions League League Phase, following the Belgian league title won in 2025.
This result enables the club to fully eliminate all accumulated losses and significantly strengthen its equity.
Excluding transfers and European competitions, the operating result remains negative but stable. Operating revenues are limited by the capacity and facilities of the Marien Stadium. It is therefore essential for the club to have a new stadium that can generate recurring and sustainable revenue in line with its sporting ambitions.
Following the relocation and renovation of the first team’s training complex in Zaventem, Union continues to invest, particularly in its youth academy. More than €3 million was invested in the academy over the past season to provide young players with a professional development environment, supporting a sporting strategy focused on player development and the progression of talent.
With more than €8 million in corporate income tax, Union makes a significant contribution to public finances. The club intends to continue combining sporting performance with sound financial management and responsibility towards its wider community. Thanks to the summer 2026 transfer window and its participation in the UEFA Europa League in 2026-2027, Union approaches the 2027 financial year with confidence.
“This result is the fruit of the work of the entire club, both on and off the pitch. It allows us to improve our financial position and prepare for the future with confidence. But it also highlights the limitations of our current model: if Union is to continue growing, it needs a stadium that matches its ambitions.”
Philippe Bormans, CEO of Royale Union Saint-Gilloise.