Newcastle fans stunned by 'disgusting' Man United development
Newcastle United fans have been left raging at Man United and the Premier League after the latest profit and sustainability twist emerged.
Man United reported a net loss of over £113.2million for the 2023-24 financial year, with their losses over the past five years totalling over £370million, as per BBC Sport, leading to questions about the club’s financial security.
However, reports say United will claim "significant exemptions" to help them avoid a PSR breach, with the club insisting they will comply with financial rules.
This is despite the allowable losses under Premier League rules being set at £105million over a three-year period - with United's latest accounts way above the limit.
Everton had claimed exemptions after losing £371million for the year ending 2021, but it was not enough to avoid a points deduction - and fans are insisting United should suffer the same fate.
Newcastle, meanwhile, were forced into selling young stars Elliot Anderson and Yankuba Minteh in a desperate attempt to avoid a PSR breach.
If, as expected, Man United avoid any punishment for their excessive losses, fans' claims that clubs are treated differently by the Premier League will be strengthened.
Newcastle United fans rage at Premier League after Man United news
That was despite the rest of the clubs in the Premier League receiving just £1million in allowances for the same issues.
Now, with Man United's massive losses revealed, fans have been left raging at the idea that they will avoid any punishment for their mismanagement.
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