United released a statement revealing its “disappointment” with the decision but accepted it was guilty of a technical breach of the rules, namely reporting a minor break-even deficit
Manchester United have been fined £256,000 by UEFA for a minor breach of its Financial Fair Play rules.
United released a statement revealing its “disappointment” with the decision but accepted it was guilty of a technical breach of the rules, namely reporting a minor break-even deficit.
The fine relates to £40.2million of COVID-19 losses in the 2022 monitoring period, on top of £200.2m of pandemic-related losses during 2019-20 and 2020-21, which was more than any other Premier League club.
United were unable to adjust for that loss in the club’s break-even calculation for 2022, because of a change in the way UEFA treated COVID-19 losses during the transition to its revised financial sustainability regulatory framework.