Manchester United recorded losses of almost 134 million euros in the 2023-2024 season: "club sources admit that the losses are partly due to spending on transfers and salaries during the summer and in their statement they expressed that they continue," revealed the Europa Press, apparently the excess of purchases is what hurt the 'Red Devils' team.
The problem is that the structure of Manchester United changed completely, before they were the ones who sold players, now they only dedicate themselves to buying, the clear example is the Brazilian Anthony, for whom they paid 100 million euros and so far it has not been that decisive player. Bad business, added to the lack of success in training, is leading Manchester United to fail to comply with financial fair play.
The drawback is that Manchester United has suffered losses in previous seasons. In the 2021-2022 season they recorded net losses of 137 million euros, while in the 202-2023 season, they generated the most concerns, a total of 49 million euros in losses. That is to say, there have been 3 seasons that Manchester has not had a good time.
Omar Berrada, CEO of the club, spoke about the situation: "We are working to achieve greater financial sustainability and make changes to our operations to make them more efficient, in order to ensure that we direct our resources to improve performance on the pitch. "Berrada revealed to international media.
Aaron Wam-Bissaka was Manchester United's last big sale. The player signed his transfer to Westham for a value of 17.6 million euros. If this is Manchester United's best signing in recent months, it is clear where the problem lies: excessive purchases and minuscule sales. As Cristiano Ronaldo said in his podcast, what Manchester United needs right now is a total restructuring.
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