Manchester United still have a debt of over £1bn, despite Sir Jim Ratcliffe's cost-cutting measures, according to the club's latest financial report. This is confirmed by Manchester United's own statement, as reported by BBC Football.
Manchester United's Financial Status · 2026-09-23 14:16:50
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This story discusses unconfirmed interpretations. Speculation is identified clearly and should not be read as established fact.
The club has spent £63.5m buying land for their new stadium, which is part of a wider Old Trafford regeneration project. This is in addition to the £577.6m historic debt and £111.4m outstanding on its revolving credit facility. The overall debt has reduced from £1.3bn at the end of December, but is still over £1bn.
The club's net finance costs for the year were £69.6m, an increase of 228.3%, with most of this attributed to a foreign exchange loss. This sum alone has now exceeded £1bn since the leveraged Glazer family buyout in 2005.
