Terrible news hits Manchester United as the club and their Premier League counterparts could soon face a decision regarding a potential points deduction following a reported £113m financial loss.

The Premier League is set to file complaints on Tuesday against clubs accused of breaching its profitability and sustainability regulations (PSR), which could result in points deductions. Reports indicate that Leicester City might be among the clubs under scrutiny, though neither the league nor the club has released an official statement on the matter.
Sources close to Chelsea’s ownership suggest the club is confident in adhering to PSR rules despite its significant spending spree following the 2022 takeover by a consortium led by Todd Boehly and Behdad Eghbali. Everton and Nottingham Forest have also reiterated their compliance with the regulations.
Everton and Forest were both charged last January for exceeding the £105 million loss cap over a three-season period, adjusted for any years spent outside the Premier League. These charges were based on their 2022-23 financial reports and resulted in points deductions, with Everton losing two points and Forest four.
In November 2023, Everton faced another penalty, a 10-point deduction, for surpassing PSR limits during the 2021-22 period. This penalty was later reduced to six points after an appeal in February 2024. Clubs with cumulative losses during the 2021-22 and 2022-23 seasons were required to submit their 2023-24 financial reports by December 31, 2024. The Premier League is expected to act on any complaints within two weeks of receiving these accounts.
Manchester United, which reported a £113.2 million loss for the fiscal year ending June 30, 2024, remains confident in its compliance. The club cites allowable deductions for investments in areas such as infrastructure, academies, charitable projects, and women’s football, which do not count toward the £105 million loss cap.
There is ongoing speculation about Leicester City, which was charged in March over a PSR breach linked to its 2022-23 accounts. However, a ruling in September determined that the Premier League’s independent commission lacked jurisdiction over Leicester due to the club’s relegation to the EFL by the end of that financial period. The Premier League argued that Leicester recorded a £129.4 million loss over the three seasons concluding in 2022-23.
Chelsea maintains its position of compliance, citing league-approved transactions such as the sale of two hotels to a related company and the sale of its women’s team to its parent organization. Although these deals are under Premier League review, they fall within regulations that permit the inclusion of profits from fixed asset sales in revenue calculations if they represent fair market value.
Attempts to amend rules that allow such transactions failed at the Premier League’s 2023 annual general meeting, where only 11 clubs supported the changes—falling short of the 14 required for approval. Premier League CEO Richard Masters, in August, expressed support for clubs leveraging competitive advantages within the rules as long as they remain compliant.