JAKARTA - Manchester United Supporter's Trust (MUST) has written an open letter to the club's minority owner, Sir Jim Radcliffe, to reflect on the consequences of the increase in match ticket prices.
The letter appeared at the back of the letter sent by the club to fan groups last week regarding the club's precarious financial position.
The increase in ticket prices is allegedly to avoid violating the Profits and Sustainability Rules (PSR) or Financial Fair Play Premier League.
"We write to you as representatives of Manchester United's supporting community, united in our love for the club and driven by our collective desire to see Manchester United succeed on and off the pitch."
"As you consider future decisions on policy and match ticket prices, we urge you to pause for a moment and reflect carefully, potential consequences, and the long-term impact of any major changes."
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"We recognize that the club ultimately made this decision. However, our goal here is to offer honest advice, which some of your employees may be reluctant to give it to you, to help inform this decision."
"We also want to convey it to the public in the form of an open letter to ensure supporters understand our position as well," said MUST in their letter on Monday, January 27, 2025.
The increase in ticket prices began to be informed since December 2024. Manchester United saw a potential loss of 300 million pounds in the last three years that could potentially violate the PSR Premier League.
"We are currently experiencing significant losses every year with a total of more than 300 million pounds in the last three years," said the letter issued by the club.
"It's not sustainable. If we don't act now, we risk failing to comply with PSR/FFP (Financial Fair Play) requirements in the years to come."
"This will have a significant impact on our ability to compete on the ground. We will return to positive cash positions as soon as possible."
"We have to make some difficult choices to achieve," the club said in a statement on Thursday, January 23, 2025.
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