.Rob Dawson, CorrespondentSep 11, 2024, 08:18 AM ETManchester United are actually functioning in the direction of coming to be much more "financially sustainable," according to brand-new chief executive officer Omar Berrada, after posting a loss of much more than u20a4 110 million ($ 144m) in their latest monetary results.The nightclub introduced record full year incomes of u20a4 661.8 thousand for the year finishing June 30 in end results released on Thursday. Nevertheless, bottom lines rose to u20a4 113.2 m ($ 148.2 m) after enhanced financial investment in the having fun squad.Editor's Picks2 RelatedUnited have recorded losses of much more than u20a4 90m in three of the last four years, and also were actually final lucrative in 2019. Yet sources urge the group stay "devoted" to be compliant along with the Premier Game's revenue and also durability guidelines as well as UEFA's economic justice rules.The Premier Organization allows for reductions of u20a4 105m over a three-year time period, yet there are actually arrangements for allowable losses consisting of assets in structure and young people advancement." Our company are actually all remarkably focused on operating jointly to make a vivid future with football excellence at the soul of it," Berrada mentioned." Our company are working in the direction of better financial durability as well as making changes to our functions to create them a lot more dependable, to guarantee our team are routing our information to boosting on-pitch functionality." Our crystal clear objective is actually to return the nightclub to the top of International football.Omar Berrada said Manchester United are actually functioning towards enhanced monetary sustainablility. Ash Donelon/Manchester United using Getty Images" Everyone at the club is actually straightened on a very clear method to provide sustained excellence each on and off the sound, for the best advantage of our supporters, investors, and also widely unique series of stakeholders." United devoted much more than u20a4 180m on authorizing five brand new gamers during the course of the summer featuring Matthijs de Ligt, Joshua Zirkzee as well as Manuel Ugarte.The outlay on the team has boosted the stress on supervisor Erik ten Hag to make functionalities on the pitch, specifically after the humbling 3-0 home defeat to Liverpool.However, Berrada has reaffirmed the club's dedication to the Dutchman ahead of a critical run of activities in the Premier Organization, Carabao Cup as well as Europa Organization just before the Oct worldwide break." Our company have enhanced our men's first team along with 5 exciting players and also placed a brand new football leadership construct in place to give higher assistance to our manager," he mentioned.