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's Europa League final loss to Tottenham Hotspur has resulted in a seven per cent drop in shares, equating to around £160million according to the Financial Times. It goes from bad to worse for United,