.Rob Dawson, CorrespondentSep 11, 2024, 08:18 AM ETManchester United are actually operating in the direction of becoming much more "financially sustainable," according to brand-new chief executive officer Omar Berrada, after posting a loss of much more than u20a4 110 thousand ($ 144m) in their most current financial results.The club announced record total year revenues of u20a4 661.8 thousand for the year ending June 30 in outcomes published on Thursday. Nevertheless, bottom lines rose to u20a4 113.2 m ($ 148.2 m) after increased assets in the having fun squad.Editor's Picks2 RelatedUnited have actually recorded losses of more than u20a4 90m in three of the final four years, and were actually final financially rewarding in 2019. Yet sources assert the club remain "devoted" to be compliant along with the Premier League's revenue and sustainability guidelines and UEFA's economic justice rules.The Premier Game allows for reductions of u20a4 105m over a three-year time period, however there are actually regulations for permitted losses featuring investment in framework as well as young people development." We are actually all exceptionally paid attention to working together to make a brilliant future along with soccer results at the heart of it," Berrada claimed." Our experts are actually working in the direction of higher financial sustainability as well as creating improvements to our operations to create all of them much more reliable, to ensure our experts are actually pointing our sources to enriching on-pitch functionality." Our crystal clear goal is to return the club to the leading of International football.Omar Berrada stated Manchester United are actually operating towards enhanced financial sustainablility. Ash Donelon/Manchester United by means of Getty Images" Everyone at the club is straightened on a clear strategy to deliver sustained results both on as well as off the pitch, for the supreme perk of our fans, investors, and also massively varied variety of stakeholders." United invested much more than u20a4 180m on authorizing five brand new players throughout the summer featuring Matthijs de Ligt, Joshua Zirkzee as well as Manuel Ugarte.The investment on the squad has enhanced the pressure on supervisor Erik ten Hag to generate performances on the pitch, especially after the humbling 3-0 home defeat to Liverpool.However, Berrada has actually reaffirmed the club's devotion to the Dutchman ahead of a vital jog of video games in the Premier Game, Carabao Cup and also Europa Organization just before the October international rest." Our company have actually reinforced our males's first team along with five exciting gamers and also put a new football management construct in place to give more significant assistance to our manager," he mentioned.