Manchester United, Financial fair play, Premier League, Football, Sport, Finances, Cristiano Ronaldo, Erik ten Hag Business | The Guardian
Club records revenues of £661.8m in year to 30 JuneRonaldo takes fresh swipe at Ten Hag in podcast Manchester United are confident they comply with Premier League and Uefa financial rules despite posting a £113.2m net loss in their latest accounts. It is the fifth consecutive year United have made an annual loss, with the club £115.5m in the red in 2021-22 and £42.1m in 2022-23.Profitability and sustainability rules (PSR) permit a £105m loss over a three-year period, but within the regulations certain deductions are allowed in relation to investment in infrastructure, the academy and women’s teams, among other things, which United believe means they will not fall foul of spending regulations. Everton and Nottingham Forest received points deductions last season after exceeding permitted losses in regards to PSR. Continue reading… Club records revenues of £661.8m in year to 30 JuneRonaldo takes fresh swipe at Ten Hag in podcast
Manchester United are confident they comply with Premier League and Uefa financial rules despite posting a £113.2m net loss in their latest accounts. It is the fifth consecutive year United have made an annual loss, with the club £115.5m in the red in 2021-22 and £42.1m in 2022-23.
Profitability and sustainability rules (PSR) permit a £105m loss over a three-year period, but within the regulations certain deductions are allowed in relation to investment in infrastructure, the academy and women’s teams, among other things, which United believe means they will not fall foul of spending regulations. Everton and Nottingham Forest received points deductions last season after exceeding permitted losses in regards to PSR.
