Man United will be forced to announce ‘PSR breach’ to Stock Market

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Everton’s former chief Keith Wyness has claimed Man United would be forced to inform the stock market if there is a “material risk” of them breaching Profit and Sustainability Rules ., the 66-year-old – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – insisted the Old Trafford club are “right on the line” after their managerial change and the costs involved.

The Red Devils reported a net loss of £113.2million for the 2023-24 campaign, taking their total losses for the past five years to £370million. PSR rules only allow clubs to lose a maximum of £105million across three years, but United have not faced punishment as not all spending goes against their calculations and clubs can claim allowances.However, Wyness claimed that could change this season with United paying out to change manager and struggling to perform on the pitch.“The interesting thing is that we know they are on the New York Stock Exchange.

Join the Football Insider WhatsApp channel to get all our exclusives and the breaking transfer news FIRST.“If they’re not going to make Champions League next year, unless Amorim can bring a big resurrection in the second half of this season, then that will also add PSR pressure. “They’re in a risky situation, so Amorim needs to deliver the goods. There’s pressure on him from day one.”

 

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