.Rob Dawson, CorrespondentSep 11, 2024, 08:18 AM ETManchester United are operating towards coming to be much more "economically maintainable," according to new CEO Omar Berrada, after publishing a loss of more than u20a4 110 thousand ($ 144m) in their latest financial results.The nightclub declared maximum complete year revenues of u20a4 661.8 thousand for the year finishing June 30 in outcomes published on Thursday. Nevertheless, bottom lines cheered u20a4 113.2 m ($ 148.2 m) after increased assets in the playing squad.Editor's Picks2 RelatedUnited have taped reductions of greater than u20a4 90m in 3 of the final 4 years, and were actually final rewarding in 2019. Yet resources assert the group continue to be "committed" to be up to date with the Premier Game's earnings and durability laws and also UEFA's financial fair game rules.The Premier Game allows for reductions of u20a4 105m over a three-year time period, but there are regulations for allowed losses including financial investment in infrastructure and also youth progression." Our experts are all incredibly paid attention to functioning collectively to produce a brilliant future with football success at the heart of it," Berrada said." We are actually functioning in the direction of greater economic sustainability and bring in modifications to our procedures to make all of them extra efficient, to guarantee our experts are driving our resources to improving on-pitch performance." Our crystal clear purpose is actually to return the nightclub to the top of European football.Omar Berrada claimed Manchester United are functioning in the direction of strengthened monetary sustainablility. Ash Donelon/Manchester United through Getty Images" Everybody at the club is actually lined up on a crystal clear tactic to provide continual results each on as well as off the pitch, for the supreme perk of our followers, shareholders, as well as hugely unique variety of stakeholders." United invested greater than u20a4 180m on signing 5 new gamers in the course of the summer season including Matthijs de Ligt, Joshua Zirkzee as well as Manuel Ugarte.The investment on the team has actually improved the stress on manager Erik 10 Hag to create efficiencies on the pitch, specifically after the humbling 3-0 home defeat to Liverpool.However, Berrada has actually reaffirmed the group's devotion to the Dutchman in front of a critical jog of video games in the Premier Game, Carabao Cup and also Europa Game just before the Oct global breather." We have strengthened our guys's first team along with 5 interesting players and put a brand new football management structure in place to offer better support to our supervisor," he claimed.