Financial Forecast 2023/24: Manchester United set for record turnover despite worst Premier League finish
IMAGO
Manchester United are on track to achieve a record turnover for 2023/24, despite enduring their worst league finish since the inception of the Premier League.
Off The Pitch’s financial forecast for 2023/24 predicts a fourth consecutive year of negative EBIT results.
Why it matters: Despite achieving record-high turnover, the club faces a massive operating loss, which could raise significant concerns about the financial impact of the ongoing squad enhancements.
The perspective: Fans and stakeholders are keenly anticipating how the club will balance its storied legacy with modern financial demands, underscoring the critical importance of returning to profitability amidst rising costs.
28 August 2024 - 12:04 PM
The FA Cup triumph provided a brief uplift, but 2023/24 was another disappointing season for Manchester United. The club finished eighth in the Premier League, marking their worst performance since the league's inception in 1992.
Adding to this, Manchester United are at a pivotal financial crossroads. While the club has posted record-breaking revenue and substantial earnings from commercial deals, they are struggling with escalating costs and
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