‘Joke of a club’ rant Man Utd fans as 100s of Rangers fans swarm into home end for Battle of Britain Europa League clash
Here is the letter sent to fan groups admitting that Manchester United is at risk of breaching PSR...
“As previously communicated, we are, however, currently making a significant loss each year – totalling over £300 million in the past three years.
"This is not sustainable and if we do not act now we are in danger of failing to comply with PSR/FFP [financial fair play] requirements in future years and significantly impacting our ability to compete on the pitch.
“We will get back to a cash positive position as soon as possible and we will have to make some difficult choices to get there.
"That has included a significant reduction to our workforce as well as cuts across many areas of spend across our club.
“None of this has been easy, but we believe it is essential to restoring financial sustainability to the club which will underpin us as we work to get back to the top of English and European football.
“We do not expect fans to make up all the current shortfall – but we do need to look at our ticketing strategy to ensure we are charging the right amount, and offering the right discounts, across our products for our fans.”