Red concern at Everton deduction may affect spending
Manchester Evening News|November 20, 2023
WHEN the news of Everton’s Premier League points deduction filtered through, many pointed fingers towards the blue half of Manchester amid City’s 115 charges – allegations they deny in full.
ISAAC JOHNSON
Red concern at Everton deduction may affect spending

However, those at Old Trafford may have itchy feet too. This is not due to anything the United hierarchy have done, but what they might do.

The club have spent more than £ 400 million under Erik ten Hag. Despite posting a record £648m in revenue in the last fiscal year, the club ended up with a £28.7m net loss. In 2022, they recorded a club-history-high deficit of £115m.

The Premier League only allows for a £105m shortfall over a three-year period, although this can be offset by certain aspects such as losses caused by the Covid-19 pandemic, infrastructure spending and community work.

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