.Rob Dawson, CorrespondentSep 11, 2024, 08:18 AM ETManchester United are actually operating in the direction of ending up being much more "financially lasting," according to brand new chief executive officer Omar Berrada, after submitting a loss of more than u20a4 110 million ($ 144m) in their most current monetary results.The club announced record full year revenues of u20a4 661.8 million for the year finishing June 30 in results published on Thursday. However, net losses cheered u20a4 113.2 m ($ 148.2 m) after raised assets in the having fun squad.Editor's Picks2 RelatedUnited have videotaped losses of more than u20a4 90m in 3 of the last 4 years, as well as were last rewarding in 2019. Yet sources assert the group continue to be "dedicated" to become up to date with the Premier Organization's income and sustainability requirements and also UEFA's monetary justice rules.The Premier Game permits losses of u20a4 105m over a three-year period, yet there are stipulations for permitted reductions featuring financial investment in commercial infrastructure and youth development." Our company are all extremely paid attention to working collectively to create a brilliant future along with soccer success at the soul of it," Berrada pointed out." We are actually operating in the direction of better economic sustainability and bring in changes to our functions to create them more dependable, to guarantee we are actually pointing our information to boosting on-pitch performance." Our very clear goal is actually to return the club to the leading of European football.Omar Berrada pointed out Manchester United are working towards improved monetary sustainablility. Ash Donelon/Manchester United via Getty Images" Every person at the nightclub is actually straightened on a clear approach to provide continual results both on and also off the sound, for the best benefit of our supporters, shareholders, as well as hugely unique range of stakeholders." United devoted much more than u20a4 180m on signing five new gamers in the course of the summer consisting of Matthijs de Ligt, Joshua Zirkzee and also Manuel Ugarte.The outlay on the team has raised the tension on supervisor Erik ten Hag to create efficiencies on the pitch, specifically after the humbling 3-0 home loss to Liverpool.However, Berrada has reaffirmed the group's commitment to the Dutchman before a crucial jog of video games in the Premier League, Carabao Mug as well as Europa League before the October worldwide rest." Our team have actually reinforced our men's first team along with 5 fantastic players as well as placed a brand new soccer management framework in place to provide better support to our supervisor," he stated.