Manchester United borrow another £90m as debt tops £1.1bn
Manchester United have borrowed another £90m since 30 June - and confirmed they spent £191.7m on new players this summer.
Manchester United has increased its debt by another £90 million since June 30, bringing the total to over £1.1 billion. The club spent £191.7 million on new players during the summer transfer window, acquiring Andrey Santos from Chelsea, Youri Tielemans from Aston Villa, and Carlos Baleba from Brighton. The expenses for the three transfers amounted to £153 million, with an additional £90 million unaccounted for.
The club has drawn down its revolving credit limit three times – on July 29, July 31, and August 28 – totaling £120 million. They later paid back £30 million on September 21, reducing the overall debt to £1.15 billion. This includes £578 million in historic debt, £200 million on the revolving credit facility, and £375 million in transfer fees.
Despite cutting costs since Sir Jim Ratcliffe became a minority owner in 2024, the debt remains substantial, with £104.8 million due within five years.
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