Football finance expert Kieran Maguire talked about the financial problems faced by Manchester United in an interview with Sky Sports. He said that the financial pressure of the Red Devils is not as great as some media described.
Kiran Maguire said: "You have to know that when a club signs a new player, the cost is actually shared during the contract period. Taking Manchester United's signing of Cunha as an example, it will be equivalent to £1 million per month, not a one-time account in PSR.
"And Manchester United is still Manchester United after all, and sponsors still want to cooperate with them, and Old Trafford will also be filled with fans. I believe they look forward to the Red Devils achieving better results in the Premier League next season. Recent concerns about Manchester United's financial situation are reportedly focused on the club's accounts of Manchester United PLC, which registered in New York, which lost £131 million last year.
"However, the company entity is not within the scope of consideration of the Premier League PSR rules, because the PSR rules stipulate that the relevant companies must be located in the UK. Moreover, Manchester United appears to have used another company called 'Red Football' to meet the PSR requirements, and the company's losses on the books were only £36 million. Therefore, under the PSR rules, Manchester United's actual losses were reduced by about £100 million."