Manchester United blame US President Donald Trump for losing millions this past year.

The Old Trafford outfit released their results yesterday in a statement which showed the club had made a loss of £29million for the second quarter of the financial year.

But that came after the Premier League giants had written off close to £49m due to Trump's recent tax law changes.

“The reduction in tax rate has resulted in a non-cash accounting charge of £48.8m to be recorded in the quarter," said Cliff Baty, United's chief financial officer.

“It's important to reiterate this is a non-cash accounting charge only which has no impact on our financial competitiveness nor our ability to meet Financial Fair Play regulations."