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Manchester United have reported a net loss of £113.2 million for the financial year ending 30th June 2024 despite earning record total revenues of £661.8 million.

The deficit follows the loss of £28.7 million for the previous year and marks the club’s fifth consecutive annual loss, driven in part by increased investment in the playing squad.

United’s wage bill for 2023/24 went up by £33.3 million to £364.7 million, which the club said was primarily as a result of playing in the

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