Manchester United profit on players revealed after Mason Greenwood transfer exit

Manchester United's profit on players they had on their books increased in the financial year ending June 30, 2024 despite heavy losses for the club.

United's financial figures were released on Wednesday lunchtime and showed the Reds have lost £257.4m over three years which far exceeds the £105m limit sanctioned by the Premier League. Despite this, the club is not thought to be worried as this figure does not take into account the allowable losses.

Allowable losses covers spending on things like infrastructure, the academy and women's team. Once this is taken into account, the Reds are hopeful they will fall within the limits.

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Helping them achieve this is the profits they have made from player sales this summer. Aaron Wan-Bissaka, Mason Greenwood and Willy Kambwala were among those departing the club this window. According to the results which have been released into the public domain, the club made a £37.4m profit on the 'disposal of intangible assets' (player departures) compared to £20.4m the year prior.

Other savings were made upon the club's operating costs. £13.8m less money was spent on this than the year prior due to United playing eight less matches at home this year than last. Employee benefit expenses did rise though by £33.3m.

Thanks to the Reds playing in the Champions League, 'employees' received £364.7m in what is effectively bonus payments. This figure is more than the previous year because United were in the Europa League last time figures were released.

While the losses are high, United have reiterated that they are confident of falling within the limits and that they are committed to adhering to the