Manchester United released their financial figures for the 2023/24 season and the club’s wage bill has spiked 10 percent. The Red Devils announced a net loss of £113.2m for 2023/24 ending on June 30th after losses of £28.7m in 2022/23 and £115.5m in 2021/22. It marks the first full financial accounts at Manchester United since Sir Jim Rattcliffe‘s Ineos took sporting control at Old Trafford with a 25 percent takeover deal. Data suggested that United were on track to announce turnover of £700m for the first time in the club’s history However, the club’s accounts show that revenue only increased…
