Manchester United have warned fans that the club faces potential breaches of the Premier League’s Profit and Sustainability Rules (PSR), with ticket prices likely to rise as part of the response.
In a letter to fan groups, United acknowledged significant financial challenges, with over £300 million in losses recorded over the past three years. PSR regulations cap allowable losses at £105 million over three years.
“If we do not act now, we risk breaching PSR/FFP requirements,” the letter stated. “This is unsustainable, and we must make difficult choices, including workforce reductions and spending cuts.”
The letter also hinted at potential ticket price increases, stressing the need to adjust pricing and discounts to address the shortfall. This follows fan criticism after matchday ticket prices rose to £66 per game, with no concessions for children or pensioners.
In September, United reported a net loss of £113.2 million for the year ending 30 June 2024, adding to losses of £28.7 million in 2022-23 and £115.5 million in 2021-22.
Fan groups, including The 1958 and Fan Coalition 58, had earlier urged United to reconsider price increases, warning of long-term consequences for the fanbase.
The financial strain is compounded by the club’s spending on managerial changes, including £10.4 million to dismiss Erik ten Hag and £11 million for Ruben Amorim’s release clause. Additionally, a redundancy program affecting 250 employees cost £8.6 million.
United’s warning comes after other clubs, such as Everton and Nottingham Forest, faced point deductions last season for breaching PSR rules, highlighting the potential consequences if financial issues persist.
