According to recent reports, Man United have been confirmed to be on the verge of violating and breaking Premier League’s Profit and Sustainability Rules (PSR).
Man United has informed fans in a letter dated Thursday, January 24, 2025, that they risk violating the Premier League’s Profit and Sustainability Rules (PSR).
This disclosure was made in response to concerns raised by fan groups regarding increasing ticket prices. Over the past three years, the club has reported pre-tax losses amounting to £312.9 million.
Their fragile financial state has also hindered head coach Ruben Amorim from making any signings during the January transfer window.
The message according to ESPN read, “We are 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.”
Premier League clubs that breach the Profit and Sustainability Rules (PSR), which permit a maximum loss of £105 million ($132.5 million) over three years, face potential penalties such as fines and points deductions.
Since taking over in February, new co-owner Sir Jim Ratcliffe has introduced extensive cost-cutting measures, including laying off 250 staff members during the summer.
In order to balance their books it is expected that United would consider the option of selling top rated players to raise revenue.
