.Rob Dawson, CorrespondentSep 11, 2024, 08:18 AM ETManchester United are working towards coming to be a lot more "economically lasting," according to brand-new chief executive officer Omar Berrada, after publishing a loss of much more than u20a4 110 million ($ 144m) in their most recent financial results.The club revealed maximum total year revenues of u20a4 661.8 thousand for the year finishing June 30 in end results posted on Thursday. However, bottom lines rose to u20a4 113.2 m ($ 148.2 m) after boosted assets in the having fun squad.Editor's Picks2 RelatedUnited have actually documented reductions of much more than u20a4 90m in three of the final 4 years, and also were last rewarding in 2019. However resources urge the club remain "dedicated" to become up to date with the Premier Organization's revenue and sustainability guidelines and UEFA's financial fair game rules.The Premier League enables reductions of u20a4 105m over a three-year duration, however there are actually stipulations for allowable reductions featuring financial investment in commercial infrastructure and youth development." Our experts are all exceptionally concentrated on operating collectively to make a bright future with football success at the soul of it," Berrada said." Our team are working in the direction of higher economic durability and also bring in improvements to our functions to create all of them even more efficient, to ensure we are actually routing our resources to enriching on-pitch efficiency." Our crystal clear goal is to return the club to the top of European football.Omar Berrada said Manchester United are operating towards boosted financial sustainablility. Ash Donelon/Manchester United through Getty Images" Everyone at the nightclub is lined up on a clear method to deliver sustained excellence each on as well as off the sound, for the greatest benefit of our supporters, investors, and extremely unique stable of stakeholders." United invested more than u20a4 180m on signing five brand new players during the summertime consisting of Matthijs de Ligt, Joshua Zirkzee and also Manuel Ugarte.The investment on the team has enhanced the tension on manager Erik 10 Hag to produce performances on the pitch, especially after the humbling 3-0 home loss to Liverpool.However, Berrada has declared the club's devotion to the Dutchman in advance of an important run of games in the Premier Organization, Carabao Cup as well as Europa League prior to the Oct global rest." We have actually strengthened our guys's first string with 5 interesting players as well as put a brand new football management design in place to offer better assistance to our supervisor," he claimed.