.Rob Dawson, CorrespondentSep 11, 2024, 08:18 AM ETManchester United are working in the direction of ending up being more "monetarily maintainable," depending on to new chief executive officer Omar Berrada, after publishing a loss of greater than u20a4 110 thousand ($ 144m) in their most recent monetary results.The nightclub declared record full year revenues of u20a4 661.8 thousand for the year finishing June 30 in outcomes released on Thursday. However, net losses cheered u20a4 113.2 m ($ 148.2 m) after enhanced investment in the playing squad.Editor's Picks2 RelatedUnited have captured reductions of more than u20a4 90m in three of the final four years, as well as were final profitable in 2019. But resources insist the group remain "committed" to become up to date along with the Premier Game's profit as well as sustainability requirements and UEFA's financial fair game rules.The Premier Game allows losses of u20a4 105m over a three-year duration, yet there are provisions for permitted losses including investment in framework and also youth growth." Our company are actually all incredibly concentrated on operating collectively to make a vivid future along with football success at the soul of it," Berrada claimed." We are operating in the direction of higher monetary sustainability and making modifications to our operations to make all of them much more effective, to guarantee our experts are routing our sources to improving on-pitch performance." Our very clear objective is to return the nightclub to the top of International football.Omar Berrada mentioned Manchester United are operating towards strengthened financial sustainablility. Ash Donelon/Manchester United via Getty Images" Everyone at the nightclub is actually straightened on a clear method to deliver sustained results both on and off the sound, for the best benefit of our enthusiasts, investors, and also extremely diverse range of stakeholders." United invested greater than u20a4 180m on signing five brand-new players throughout the summer featuring Matthijs de Ligt, Joshua Zirkzee and Manuel Ugarte.The investment on the squad has improved the pressure on supervisor Erik ten Hag to produce performances on the sound, specifically after the humbling 3-0 home loss to Liverpool.However, Berrada has renewed the group's dedication to the Dutchman ahead of an essential jog of games in the Premier Game, Carabao Mug as well as Europa Game before the October international break." We have actually boosted our males's first team with five impressive players as well as placed a brand new football leadership structure in place to deliver better help to our manager," he stated.