Man United could land points deduction as new details revealed - sources

James holds a degree in Sports Journalism and Communications (MA) from the Real Madrid Graduate School. He has experience working for a number of local news outlets as well as the Sunday Mirror and Real Madrid TV. James is from Scunthorpe and has an affinity with Scunthorpe United, but is also a huge West Ham supporter and an expert on all things to do with the Hammers. He started working for Breaking Media in July 2023, initially writing on the Club Sites, where he specialised in West Ham content, before moving to Football Insider – where he is now an expert in football finance, speaking regularly with Stefan Borson and Keith Wyness to generate high-quality content in all things related to finance in the Premier League, Football League, and Scottish Premiership.

Published on:

11 Jul 2024, 7:27 am

Manchester United could have breached the Premier League’s profit and sustainability rules (PSR) last season, sources have told Football Insider.

Man United reported a £71.4million net loss for the first three months of 2024 – a significant rise on the £5.6million loss they made during the same period last year.

The Premier League giants spent £30.3million in exceptional costs related to Sir Jim Ratcliffe buying his 27.7 per cent stake in the club in February this year.

Man United are expected to have made an operating loss of around £100million in 2023-24, while profits from player sales are likely to have brought in less than £40million.

That means the club would have been close to breaching the PSR rules last season, but sources have told Football Insider they must have been allowed to add back some of their exceptional costs to avoid breaking the financial regulations.

Man United expected to avoid PSR breach despite heavy losses

Any potential breach of the PSR rules is now expected to see Premier League clubs hit with a points deduction after Everton and Nottingham Forest were both docked points last season.

Sky Sports has revealed Man United sources are “confident” the club have complied with the financial rules despite their hefty losses earlier this year.

The Premier League’s PSR rules state top-flight clubs can lose a maximum of £105million over a rolling three-year period.

Sources have told Football Insider there was no sign Erik ten Hag's side were scrambling around to pull off any late deals before the 30 June accounting deadline, meaning they have likely met their PSR requirements.

The third-quarter accounts also showed overall revenue fell by 20 per cent to £136.7m on the previous year, with the Premier League club attributing the drop to playing nine fewer games at Old Trafford compared to the previous campaign.

But Man United are still forecasting their revenue for 2023-24 to reach a club-record high of £660million, which has likely been driven by an upturn in their commercial revenue.

In other news, Man United’s Scott McTominay plan revealed.

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