Man Utd borrow another £90m as debt tops £1.1bn
Summary
Manchester United borrowed an additional £90 million after June 30, 2024, pushing their total debt to £1.15 billion. The club spent £191.7 million on new players this summer but still carries large outstanding transfer fees and historic debts despite some cost-cutting efforts.Key Facts
- Manchester United borrowed another £90 million since June 30, 2024.
- Total club debt now stands at around £1.15 billion.
- The club spent £191.7 million on new players this summer.
- New player signings include Andrey Santos, Youri Tielemans, and Carlos Baleba.
- Total outstanding debt includes £578 million in historic debt, £200 million in credit facility debt, and £375 million in unpaid transfer fees.
- Outstanding transfer fees are scheduled to be paid within the next five years.
- The club has repaid £30 million of its debt since July.
- Some transfer fees due between 1 and 5 years still total over £156 million.
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