After a group stage exit from the UEFA Champions League, Manchester United lost out on at least £25 million in revenue, putting themselves in a predicament in regards to bolstering a depleted squad. It has led to the English giants reportedly not expecting to make any major player signing to comply with the Financial Fair Play (FFP) rules.
The details surrounding the upcoming January transfer window plan for Manchester United, as per Rob Dawson of ESPN, emerged a few months after UEFA fined them £257,000 for a minor FFP breach following the adjustments of Covid-related losses. With that, the 13-time Premier League champions will consider selling players next month to help ease the FFP concerns without weakening the squad any further.
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Notably, in recent months, the Premier League slapped a 10-point deduction on Everton for failing to comply with their Profit and Sustainability rules. As far as Manchester United goes, the 2023/24 accounts will make up a three-year monitoring period for the officials to determine whether the club is following the allowed loss limit in the Premier League.
The maximum allowed loss limit in the Premier League is £105 million across three years, out of which £90 million must be made up by equity contributions from the owners. Addressing the concerns surrounding the P&S rules, Manchester United are in “constant dialogue” with the Premier League with a belief that they are on the right side of the rules but the sources have stated that they “don’t have flexibility,” as reported by the Manchester Evening News.