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this post was submitted on 14 Jul 2023
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Follow up Tweets:
Utd statement: 'While disappointed by the outcome, Manchester United accepts this fine for what UEFA acknowledges to be a minor technical breach of its previous Financial Fair Play rules.'
'This reflected a change in the way that UEFA adjusted for COVID-19 losses during the 2022 reporting period, which allowed us to recognise only €15m of the €281m of revenues lost due to the pandemic within the FFP calculation.'
'Post pandemic, the clubs’ revenues have recovered strongly and are forecast to reach a record level in the current financial year.'
'The club continues to support the enforcement of rules to promote financial fair play and sustainability across domestic and European football.'