Manchester United Warns of Potential Financial Fair Play Breach

Added at:
another languages: uk ru

Manchester United admit club at risk of failing financial fair play rules

Manchester United has issued a stark warning to its fans, revealing that the club is at serious risk of breaching the Premier League's Financial Fair Play (FFP) regulations. This comes amid a series of unpopular decisions made by Sir Jim Ratcliffe following his acquisition of a stake in the club, including widespread staff layoffs and increased ticket prices.

In a letter sent to fan groups, the club explained that these measures are necessary to avoid further financial turmoil. “As previously communicated, we are however currently making a significant loss each year – totalling over £300 million in the past three years. This is not sustainable and if we do not act now we are in danger of failing to comply with PSR/FFP [financial fair play] requirements in future years and significantly impacting our ability to compete on the pitch. We will get back to a cash positive position as soon as possible and we will have to make some difficult choices to get there. That has included a significant reduction to our workforce as well as cuts across many areas of spend across our club.” the letter stated.

2024-25 Premier League Standings

The financial situation at Old Trafford is dire. Last season alone, the club reported a staggering loss of £113.2 million, with cumulative losses over the past five years exceeding £370 million. These figures highlight the urgent need for restructuring to ensure the club's long-term viability.

Sir Jim Ratcliffe’s leadership has brought a wave of austerity measures, but the club’s ability to balance the books while remaining competitive on the pitch remains a significant challenge. Fans, while understanding the need for financial prudence, are likely to feel the pinch as the club seeks to navigate this precarious situation.

As Manchester United grapples with these financial pressures, the coming months will be critical in determining whether the club can stabilize its finances without compromising its ambitions on the field.

another languages: uk ru

Sport NewsRSS - Sport News - Terrikon

01 June

12:57
Tottenham Set to Face PSG in 2025 UEFA Super Cup
10:12
LAFC Secure Final Spot at 2025 Club World Cup with Dramatic Playoff Victory
09:49
Champions League Final Makes History with Two Teenage Goalscorers
09:15
Mbappé Congratulates PSG on Historic Champions League Triumph
08:48
Inzaghi: “We Gave Everything Across 58 Games, But No Trophies to Show”
08:31
Indiana Pacers Advance to NBA Finals for First Time Since 2000
08:00
PSG Clinch Historic Treble with Champions League Triumph
01:08
Desire Doué Makes Champions League Final History with Record-Breaking Performance
00:37
PSG Crush Inter Milan 5–0 to Claim First-Ever Champions League Title
00:02
All UEFA Champions League Finals

31 May

18:15
Formula 1: McLaren Lock Out Front Row at Spanish Grand Prix
16:21
Omar Marmoush Wins Premier League Goal of the Season for Stunning Strike vs Bournemouth
13:17
Record-Breaking Champions League Season Nears Historic Finale
12:15
Kevin De Bruyne Set to Join Napoli on Free Transfer
11:18
Gian Piero Gasperini to Become New AS Roma Head Coach

30 May

20:28
Official: Jeremie Frimpong Joins Liverpool from Bayer Leverkusen
15:27
Official: Trent Alexander-Arnold to Join Real Madrid on June 1, 2025
13:43
Official: Massimiliano Allegri Appointed as AC Milan Head Coach
09:33
NBA Playoffs: Brunson and Towns Channel Kobe and Shaq, Knicks Star Joins Jordan in Elite Company
08:55
NHL Playoffs: Edmonton Win Western Conference, Set Up Stanley Cup Final vs Florida
08:13
Official: Sérgio Conceição Departs AC Milan

29 May

23:46
Isco Named UEFA Europa Conference League Player of the Season
14:33
Lautaro Martínez: “Winning the Champions League Would Fulfill My Biggest Dream”
14:18
Antonio Conte Likely to Stay at Napoli Amid €200m Squad Investment Promise
13:54
Lazio Push to Rehire Maurizio Sarri as Head Coach