Manchester United breached profit and sustainaibility rules (PSR) last season according to a financial expert, who has explained why the Red Devils avoided a points deduction.
PSR rules state that Premier League clubs can lose a maximum of £105m over a rolling three-year period and United reported a £71.4m net loss in the first three months of 2024, when Sir Jim Ratcliffe bought a 27.7 per cent stake in the club to become the head of football operations at Old Trafford.
The £100m loss
They also spent £40m in exceptional costs, £30.3m of which was related to Ratcliffe s purchase of his stake.
The club has forecast their revenue for the season to reach a club-record £660m, while adjusted earnings before interest, taxes, depreciation, and amortisation (EBIT…
Manchester United target Noussair Mazraoui reportedly wants to move to the club after rejecting West Ham, and the exit of Aaron Wan-Bissaka could be crucial for that transfer.
United boss Erik ten Hag is clearly still fond of a number of his former Ajax stars. Indeed, he won three Eredivisie titles with the Dutch side, and immediately brought Antony and Lisandro Martinez to Old Trafford with him when he moved there.
It has also been suggested he s keen on West Ham s Mohammed Kudus, while interest in Matthijs de Ligt has been well reported, and a move for Mazraoui could now be on the cards.
The former Ajax right-back rejected West Ham where he himself could have linked up with Kudus and Fabrizio Romano states he is eager for United instead.
Mazraoui wants Ma…
Some late-window drama could see Bruno Guimaraes swap Newcastle for Liverpool, who are struggling to persuade Martin Zubimendi to leave Real Sociedad.
The Reds are yet to make a signing in new manager Arne Slot s first transfer window at the helm, but reports this week have suggested they re close to agreeing a deal for Zubimendi.
David Ornstein of The Athletic claimed on Wednesday that , adding that ‘if Zubimendi asks to leave Real Sociedad, the club will grant his wish’.
But Sociedad haven t given up hope of keeping Zubimendi though, with a report from The Times Paul Joyce on Thursday afternoon claiming .
The report explained:
‘Real Sociedad have launched a charm offensive to keep the Liverpool target Martín Zubimendi at the La Liga cl…
Man Utd are set to make their move for Fulham defender Antonee Robinson if the Cottagers sign Ferdi Kadioglu, according to reports.
The Red Devils struggled at left-back last season with Tyrell Malacia missing the whole campaign due to a serious knee injury and Luke Shaw also struggling with fitness.
Diogo Dalot and others filled in to plug the hole and there was an expectation that Man Utd would look for a new left-back in the summer transfer window.
However, none of their four new additions play in that position and insisted that Man Utd have decided against pursuing a left-back this summer.
Things change rapidly towards the end of the transfer window, though, and the Red Devils have already been linked with Chelsea s Ben Chilwell today, while the lat…
Nottingham Forest are reportedly rejecting all approaches from Newcastle for Anthony Elanga, after it was stated that significantly more than the £35million it was immediately suggested would be accepted.
The Magpies have moved sharply in their pursuit of Elanga. Before deadline day, their interest had gone dormant, but they have suddenly moved towards a late swoop.
Indeed, it was stated a deal was . It was also suggested that £35million would be enough to convince Forest to let Elanga leave.
However, , it would take significantly more than that to snare the winger, who was directly involved in 14 Premier League goals last term.
It is not clear if Newcastle have lodged a bid for Elanga, but Forest s stance is now evident.
Indeed, transfer insid…
According to reports, Manchester United target Jarrad Branthwaite has a strong chance of leaving Premier League rivals Everton in January or next summer.
was one of the breakout stars in the Premier League last season as he shone for boyhood club Everton.
He struck up a brilliant partnership with James Tarkowski and was unfortunate to miss out on Gareth Southgate s England squad for Euro 2024.
At the start of this summer s transfer window, identified Branthwaite as their main target but turned to alternatives after refusing to meet Everton s reported £75m asking price.
The Red Devils had several bids rejected for Branthwaite and it s understood that their final offer was offer was worth around £50m.
Man Utd still signed two centre-backs in the…
It has been suggested that Manchester City s Premier League would want a serious sanction if Pep Guardiola s side are found guilty of breaching FFP rules.
The Premier League champions were charged at the start of 2023 after being accused of breaching over 100 Financial Fair Play rules. This followed a four-year probe into their conduct between 2009 and 2018.
If are found guilty of the charges, they could be given a huge fine, points deduction, transfer ban or even be expelled from the Premier League.
This case has already dragged on longer than most would have liked, but a further spanner was thrown into the works at the start of this year.
This came as as they were campaigning for the removal of Associated Party Transaction (APT) rules.
This cas…
It s earnings season for sports betting companies and Rush Street Interactive, parent company of , reported its Q2 2023 results yesterday afternoon, noting revenues of $165.1 million, an increase of 15% year-over-year from the second quarter of 2022.
RSI also reported a positive $1.2 million in adjusted EBITDA during the second quarter of 2023, compared to an adjusted EBITDA loss of $18.6 million during the second quarter of 2022.
Richard Schwartz, chief executive officer of RSI, said during the earnings calls that the company could very well be profitable again in Q3 2023 and perhaps for the full year.
RSI s Strong First Half Performance
Schwartz noted that RSI was able to achieve positive adjusted EBITDA ahead of schedule for this year.
Through the fi…
Chiefs vs Ravens Prediction
The Chiefs have gone 5-3-1 ATS on the road this season and 2-0 as an underdog and away underdog. Season-long they re 11-7-1 ATS and have been one of the best Under bets this season at 13-6.
Kansas City is a perfect 4-0 SU and ATS in their past four games while the Under has gone 4-1 in their past five.
Then there are some incredible Mahomes stats that see him being 13-3 SU in the playoffs in his career. And if you look at his last three playoff games, he s been sacked zero times, thrown zero interceptions and thrown for six touchdowns.
The Chiefs do have several injuries to worry about this week though. Each of RB Pacheco, LG Joe Thuney and RG Trey Smith are questionable on offense. While defensively, DT Derrick Nnadi, LB Willie Gay, …