Manchester United have posted net losses of £113.2 million (€134m) in their latest accounts, but are understood to believe they are compliant with Premier League financial rules.The Red Devils' latest losses for the year ending 30 June last follows a £115.5m (€137m) loss in 2021-22 and a £42.1m (€50m) loss in 2022-23.The Premier League's profitability and sustainability rules (PSR) allow a maximum loss of £105m (€124m) over a three-season period, but within that certain losses are deemed 'allowable’ such as infrastructure, youth team and women’s team spending.United sources concede the losses are in part due to transfer and wage spending over the period, but say the club are committed to the PSR and compliant with them.Everton and Nottingham Forest both incurred points deductions last season after being found in breach of PSR.Included in United’s newly-reported losses were costs of £47.8m (€57) linked to the strategic review embarked upon by the club’s owners, the Glazer family, in November 2022 which ultimately resulted in Jim Ratcliffe acquiring a 27.7% stake in the club.The club earned £661.8m (€784m) in revenue, a United record.