Manchester United have told their fans they are at risk of breaching Profit and Sustainability Rules (PSR) if they don’t act now.
Clubs in the Premier League can lose up to £105 million over a three-year cycle. No clubs have been charged for PSR breaches for last season.
However, United have warned supporters they may fail to comply with the rules and ticket prices could increase as a result.
In a letter to fan groups, United said (per BBC Sport): “If we do not act now, we are in danger of falling to comply with PSR/FFP requirements.
“We are currently making a significant loss each year – totalling over £300m in the past three years. This is not sustainable.
“We will have to make some difficult choices. That has included a significant reduction to our workforce as well as cuts across many areas of spending across our club.
“We do not expect fans to make up all the current shortfall – but we do need to look at our ticketing strategy to ensure we are charging the right amount and offering the right discounts across our products for our fans.”
United are not in a healthy financial situation after years of expensive transfer failures.
Their squad currently has several high-earning, underperforming players with little resale value. Casemiro and Antony are prime examples.
United are considering selling Alejandro Garnacho and Kobbie Mainoo to boost their spending power.
Mainoo is not expected to leave in January, but Garnacho’s departure is looking increasingly likely amid huge interest from Napoli and Chelsea.
Signing a new left-wing-back is a top priority for manager Ruben Amorim, who has endured a difficult start to his reign at Old Trafford.
The Red Devils have identified Patrick Dorgu as an ideal option, but they are yet to agree a transfer fee with Lecce.
United’s opening bid was turned down by the Serie A outfit, but they are preparing a second offer.
