Man Utd borrow another £90m as debt tops £1.1bn

In recent news, Manchester United has borrowed an additional £90 million, bringing their total debt to over £1.1 billion. The club spent £191.7 million on new players during the summer transfer window, acquiring Andrey Santos from Chelsea on July 13th, Youri Tielemans from Aston Villa on July 14th, and Carlos Baleba from Brighton on August 25th. The reported transfer fees for these players amounted to £153 million, leaving a remaining sum of £90 million unaccounted for.

The club was required to disclose this additional borrowing in a detailed filing to the New York Stock Exchange. Despite implementing significant cost-cutting measures since becoming a minority owner in 2024, United's overall debt remains higher than £1 billion. The debt consists of historic debt at £578 million, revolving credit facility debt of £200 million, and outstanding transfer fees totaling £375 million. This is a £72 million decrease from the £447 million reported in the 2024-25 accounts.

Manchester United has made three further drawdowns from its revolving credit limit, totaling £120 million, with a repayment of £30 million on September 21st. The club's overall debt comprises historic debt, revolving credit facility debt, and outstanding transfer fees. While payments for their most recent transfers are due within the next five years, £104.8 million is due between one and two years, and £51.9 million between two and five years.