The financial consequences of Manchester United losing in the Europa League final should be painful and affect the club for years

United have made significant losses over the past five years of a combined £371m, but they have managed to keep their EBITDA well above the £65m threshold, the closest they came to breaching it being in 2022 when it stood at £81m.

Manchester United is in a state of upheaval, with staff layoffs occurring hours after their Europa League final defeat. The club is grappling with significant financial challenges and a potential overhaul of its squad.