Sir Jim Ratcliffe and Ineos have been praised for 'outstanding business' at Manchester United after increasing revenue on the back of a challenging campaign.
Erik Ten Hag's side finished in eighth place in the Premier League, but were able to qualify for the Europa League as a result of winning the FA Cup and should be able to pass PSR without any 'serious threat' of failing to comply with the Premier League regulations.
That's according to Dr Rob Wilson, an expert in the finance, economics and governance of professional team sports, who told Grosvenor Sport: "The Manchester United story is really interesting.
Their revenue is up just a little bit after having a particularly bad season last year. To be able to grow revenue off the back of a very challenging season, I think is a fairly outstanding business. ALSO READ: Mount close to a return from injury ALSO READ: Exclusive interview with Scholes and Butt "United’s pre-tax losses are up, they've lost a little bit more and they've also of course spent a lot more on wages, but what we also saw this summer at United were a huge number of outgoings as a consequence of the new football structure. "That will have saved a considerable amount of money in terms of wages and if Manchester United are able to capitalise on the FA Cup success and the new playing squad that they have, you would expect to see them in the top six and potentially the top four which could allow them to again gain additional revenues associated with European competition. "On that basis, I don't think they are currently under any serious threat from failing to comply with profitability and sustainability regulations.
Read more on manchestereveningnews.co.uk
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