Sale of 27.7% stake to Jim Ratcliffe led to £30.3m in exceptional costs at Premiership club
Manchester United's Dutch manager Erik ten Hag: the club has reported an €84.7 million net loss for the third quarter. Photograph: Paul Ellis / AFP via Getty ImagesManchester United are confident of complying with the Premier League’s financial rules for 2023-24 despite posting a £71.4 million net loss for the third quarter.
Dan Ashworth finally joined United as their new sporting director to oversee player recruitment last week, while Omar Berrada begins work as the club’s new chief executive this week. The PSR allow for losses of up to £105 million over a three-season assessment period. They will remain in place next season, with new financial rules set to be adopted for the 2025-26 season.
Amortisation costs – related to the payment of transfer fees over the course of players’ contracts – was £46.3 million, up by £3.4 million on the same quarter last year.
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