.Rob Dawson, CorrespondentSep 11, 2024, 08:18 AM ETManchester United are working towards becoming more "monetarily maintainable," according to brand new chief executive officer Omar Berrada, after uploading a loss of more than u20a4 110 million ($ 144m) in their newest monetary results.The nightclub introduced record full year earnings of u20a4 661.8 million for the year finishing June 30 in end results published on Thursday. However, net losses rose to u20a4 113.2 m ($ 148.2 m) after raised financial investment in the playing squad.Editor's Picks2 RelatedUnited have documented losses of more than u20a4 90m in 3 of the final 4 years, as well as were actually last profitable in 2019. Yet sources assert the club remain "committed" to be up to date with the Premier Game's income and also durability laws and also UEFA's economic justice rules.The Premier Game allows losses of u20a4 105m over a three-year period, but there are provisions for allowable reductions consisting of investment in framework and also young people development." Our experts are actually all very concentrated on operating jointly to make a bright future with regulation football success at the soul of it," Berrada said." Our experts are functioning in the direction of better economic durability as well as creating adjustments to our operations to create them even more effective, to ensure we are actually driving our information to improving on-pitch functionality." Our clear purpose is to return the nightclub to the top of International football.Omar Berrada claimed Manchester United are actually working in the direction of enhanced economic sustainablility. Ash Donelon/Manchester United through Getty Images" Everyone at the nightclub is actually lined up on a crystal clear tactic to provide continual effectiveness each on as well as off the pitch, for the ultimate benefit of our supporters, shareholders, as well as massively unique variety of stakeholders." United invested much more than u20a4 180m on signing 5 brand-new players in the course of the summer months consisting of Matthijs de Ligt, Joshua Zirkzee and Manuel Ugarte.The outlay on the team has boosted the tension on manager Erik ten Hag to create functionalities on the sound, specifically after the humbling 3-0 home loss to Liverpool.However, Berrada has declared the club's dedication to the Dutchman in advance of a crucial run of games in the Premier Organization, Carabao Mug as well as Europa League prior to the Oct international rest." Our experts have boosted our men's first team with five amazing players as well as put a brand-new volleyball management design in position to supply higher assistance to our supervisor," he said.