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Article continues belowArticle continues belowArticle continues below<script type="application/json" data-placement="fcplayer-semantic">{"type":"fcplayer-semantic","data":{"embedCode":"//cdn.fcp.codes/embed-code-template/embed-code-template.js#SEMANTIC_5704afb8-c10b-4ba5-9cb4-d7fb6098ef90"}}</script><ul><li>Red Devils post £71.4m net loss</li><li>United hoping player departures will ease impact</li><li>Sancho &amp; Van de Beek left on loan in January</li></ul>

Man Utd plunged into PSR danger after posting huge losses in latest accounts

Premier League

Manchester United

Ipswich

PSR has been a key focus for all clubs, having cost Everton and Nottingham Forest points last season, and United will be sweating after posting a £71.4 million ($91.4m) net loss for the three months ending March 31 of this year, according to <a href="https://www.nytimes.com/athletic/5628801/2024/07/10/man-utd-psr-accounts-finances/" target="_blank">The Athletic</a>.

WHAT HAPPENED?

Premier League sides are allowed to incur financial losses of £105m ($134.7m) over a three-year period. The latest figures bring United's total loss over last season's three-year PSR cycle to £271.4m ($348.2m). Deductions will be made to this figure to account for spending on infrastructure, women's football, youth development, community efforts and Covid-19-related losses, but United are still hoping that the measures they took to reduce their wage bill will see them avoid a PSR rules breach.

THE BIGGER PICTURE

Borussia Dortmund paid the majority of <a href="https://www.goal.com/en/lists/jadon-sancho-another-chance-man-utd-borussia-dortmund-champions-league-heroics/bltae050e139f4ead24" target="_blank">Jadon Sancho's wages when they signed the winger on loan in January</a>, and also paid a €3.5m (£2.95m/$3.8m) loan fee. Donny van de Beek's loan move to Eintracht Frankfurt also included a loan fee and a sizeable portion of the midfielder's wages paid by the Bundesliga side.

DID YOU KNOW?

New part-owners INEOS have set about reducing costs at Old Trafford, <a href="https://www.goal.com/en-gb/lists/explained-why-sir-jim-ratcliffe-cut-250-jobs-man-utd-before-2024-25-season-ruthless-move/blt03d53fcd4d7bd299" target="_blank">including making 250 members of staff redundant</a> - considered a key step in getting the club's spending under control as they aim to improve Erik ten Hag's squad in the transfer window.

WHAT NEXT FOR MAN UNITED?

Man Utd plunged into PSR danger after posting huge losses in latest accounts | Goal.com

Manchester United are on thin ice when it comes to the Premier League&apos;s Profit and Sustainability Rules (PSR) after posting substantial losses.

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