Manchester United have been fined a fee of £257,000 by UEFA for breaching the financial fair play over four years from 2019-2023.
UEFA financial control board gave the punishment to Manchester United in what is described as a minor break even in deficit.
Manchester United are among the club to be punished by the football governing body.
However the rules in the financial fair play that made Manchester United guilt were replaced by a new rule last year.
Manchester United released a statement after the confirmation of the sanction saying “While disappointed by the outcome, United accepts this fine for what Uefa acknowledges to be a minor technical breach of its previous financial fair play rules.”
This reflected a change in the way that Uefa adjusted for Covid-19 losses during the 2022 reporting period, which allowed us to recognise only €15m of the €281m of revenues lost due to the pandemic within the FFP calculation.
“Post-pandemic, the club’s revenues have recovered strongly and are forecast to reach a record level in the current financial year.”
Barcelona were also fined of £500,000 for wrongfully reporting profit on tangible assets other than the player regulations.
Istanbul Basaksehir were fined £400,000 for failing to meet the target that had set for 2022 Financial year. Meanwhile, Konyaspor and Apoel were fined €100,000 for similar breaches to those carried out by United.
500 Club Manchester United
The 500 Club is a hospitality package offered by United at Old Trafford. It is a cost-effective way to enjoy a matchday at the stadium, with a relaxed atmosphere and panoramic views of the pitch.
The fifth floor of Old Trafford’s northeast sector is where you’ll find The 500 Club. There is a central bar in the center of the room, along with tall tables and seats.
There is a good assortment of food and beverages to buy, and the setting is informal and laid back.
Fans who wish to enjoy an Old Trafford game without the formality of a corporate box frequently choose The 500 Club.
Families or groups of friends who wish to make a day of it may consider it as well.
Manchester United Curtain
Manchester United Blackout Curtain by Ambesonne. This curtain is made of 100% polyester and features a blackout lining that blocks out light. It has a 72-inch drop and comes in a variety of sizes.
Manchester United 3D Curtain by CTOBB. This curtain features a 3D digital print of the United crest. It is made of polyester and has a 72-inch drop.