MANCHESTER UNITED risks losing £10m in expected revenue if they do not improve their current circumstances.

The Red Devils are in a tough spot, currently languishing in 14th place in the Premier League.

Current struggles at Manchester United could cost them £10m

2

Current struggles at Manchester United could cost them £10mCredit: Alamy

Ruben Amorim has yet to improve the team’s performance, with a third consecutive loss on Thursday leaving United 12 points adrift from fourth-place Nottingham Forest.

The likelihood of Man Utd qualifying for the Champions League this season seems increasingly unlikely, a blow that could severely impact the club’s financial stability.

According to The Times, United’s contract with kit sponsor Adidas includes a significant penalty, resulting in a loss of £10MILLION for each season the club fails to qualify for Europe’s top tournament.

This considerable financial setback would be further compounded by major decreases in broadcasting and match-day revenues.

The club is nearing a breach of Financial Fair Play (FFP) regulations, having implemented various cost-saving measures since the appointment of Ineos chief Sir Jim Ratcliffe.

Reports suggest that Ratcliffe and the club have cut funding to the Association of Former Manchester United Players, a charity set up in 1985 to support ex-players who do not have the financial backing of today’s stars.

Other cost-cutting strategies implemented by Ratcliffe include revoking credit cards for top executives, banning the use of private vehicles by employees, and even asking Manchester City if they could help transport United players to the Ballon d’Or event.

Manchester United is implementing various strategies to cushion the blow of potentially missing out on the Champions League.

Sir Jim Ratcliffe has initiated cost-reduction measures at Old Trafford

2

Sir Jim Ratcliffe has initiated cost-reduction measures at Old TraffordCredit: PA

BEST FREE BET SIGN UP OFFERS FOR UK BOOKMAKERS

The club’s annual report indicates that player wages are affected by their eligibility for European competitions.

It states: “Not qualifying for the Champions League would result in a significant drop in revenue for every season the men’s first team does not participate.

Ruben Amorim recognizes he could be at risk of losing his position at Man Utd if the results do not improve, as supporters grow increasingly ‘weary’ of the team’s extended decline

“To mitigate this impact, most contracts for our men’s first team include clauses for increased pay that depend on participation in the Champions League group stage.”

Former Everton chairman Keith Wyness pointed out that United is close to breaching Profit and Sustainability rules (PSR) and FFP.

In comments to Football Insider, Wyness mentioned, “Yes, they are indeed right on that boundary regarding PSR.

“What’s fascinating is that they are listed on the New York Stock Exchange. If there’s any real chance of them breaching PSR, it will need to be reported to the market.

“I find that situation rather interesting. They’ve had a very slow start this season.

“If they miss out on the Champions League next year, unless Amorim manages to orchestrate a substantial turnaround in the latter half of this season, it will heighten pressure regarding PSR.

“They are in a precarious situation, so Amorim must produce results. There has been consistent pressure on him since he took over.”

United must elevate their performance on the pitch to restore their financial health.

For Amorim and his demoralized squad, the upcoming match against a formidable Newcastle United outfit in form poses a continuing challenge.

The task remains tough, as they will also contend with Liverpool, Arsenal, and Brighton shortly thereafter.

Upcoming challenging fixtures for United
Upcoming challenging fixtures for United