Manchester United FFP situation after latest accounts released

Manchester United could be getting close to the loss limit for the Premier League’s Profitability and Sustainability Rules (PSRs) after they released their accounts for the three months ending in March.

The accounts show that the club posted a £71.4 million net loss for the three months ending on March 31, 2024. With the final three months still to be added on, it means that published figures show a loss of £89.2 million before tax during 2023/24.

The pre-tax loss of a club is the base of calculations for PSRs. The rules set clubs a limit of a £105 million loss over a three-year period, which works out of an average of £35 million per year, of which £90 million must be covered by secure funding from the owners.

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Losses for spending on infrastructure, women’s football, youth development, community work, and COVID-19-related losses are not included as part of the PSR calculations. Not considering those deductions, United’s current loss for the PSR cycle ending in 2023/24 stands at £271.4 million, way over the £105 million limit.

The club looked to cut costs on the playing staff in the January transfer window. United received a €3.5 million (£2.95m), potentially rising to €4 million (£3.4m) loan fee for Jadon Sancho, with Borussia Dortmund also paying most of the winger’s wages.

United also received a loan fee for midfielder Donny van de Beek, who joined Eintracht Frankfurt for the second half of the season. The German side paid a large portion of the player's wages.

There is a desire among the new football structure