Manchester United have reported a net loss of £113.2m in the year to 30 June, their latest accounts show.

It follows losses of £28.7m in 2022-23 and £115.5m in 2021-22, and their latest figures take total losses over the past five years to over £370m.

Despite the results, United are not expected to breach the Premier League’s profit and sustainability rules because not all spending goes against their calculations and clubs can claim allowances known as “add backs”.

Under Premier League rules, clubs cannot lose more than £105m over a three-year period and Everton and Nottingham Forest received points deductions for being in breach.

“The club remains committed to, and in compliance with, both the Premier League’s profit and sustainability rules and Uefa’s Financial Fair Play regulations,” said United chief executive Omar Berrada.

For more detail, see Simon Stone’s full piece on United’s finances here