{"id":780132,"date":"2026-09-23T16:28:09","date_gmt":"2026-09-23T16:28:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/780132\/"},"modified":"2026-09-23T16:28:09","modified_gmt":"2026-09-23T16:28:09","slug":"man-utd-still-1bn-in-debt-with-interest-costs-rising-and-63-5m-spent-on-new-stadium","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/780132\/","title":{"rendered":"Man Utd still \u00a31bn in debt, with interest costs rising and \u00a363.5m spent on new stadium"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">In addition, United also confirmed they spent \u00a363.5m of an additional $125 (\u00a394.14m) added to their historic debt during a summer refinancing move <a href=\"https:\/\/www.bbc.co.uk\/sport\/football\/articles\/c3j4jlq05w2jo\" class=\"ssrcss-1fqyhkk-InlineLink e1kn3p7n0\" rel=\"nofollow noopener\" target=\"_blank\">on land for their new stadium<\/a>. The club has not explained what it has done with the remainder. The stadium itself is likely to cost in excess of \u00a32bn.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">It means the club&#8217;s overall debt, while reducing from \u00a31.3bn at the end of December, is still over \u00a31bn, made up of the historic debt, which now stands at \u00a3577.6m, the \u00a3111.4m outstanding on its revolving credit facility, and outstanding transfer fees, which club sources say represents approximated 75% of the \u00a3473m listed and being owed as &#8216;trade and other payables&#8217;.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">This comes at a time when supporters are furious about what they believe to be chronic under investment in Michael Carrick&#8217;s first team squad this summer.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">United spent \u00a3148m on three new signings &#8211; Carlos Baleba, Andrey Santos and Youri Tielemans &#8211; this summer. It was less than a third of the \u00a3458m Manchester City invested in their squad and lower even than newly promoted Ipswich.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">However, fans are angry there was no additional left-back purchased to provide competition for Luke Shaw, who has missed three matches due to injury already, or striking support for Benjamin Sesko, who missed pre-season as he recovered from a shin complaint that has already resurfaced.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">While United argue the additional funds were earmarked for their stadium, to be built 350 yards away from where Old Trafford stands, the loan itself is lodged within club accounts.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;We are pleased to have secured record revenues,&#8221; said chief executive Omar Berrada.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;This demonstrates the underlying strength of our business, and shows the direct impact of the work we have been doing over the past two years.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;While these results confirm that we are on the right trajectory, we will continue to take a disciplined approach to ensure our finances remain sustainable.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;With that financial sustainability in mind, we have strengthened both our men&#8217;s and women&#8217;s teams during the summer window and our men&#8217;s team has seen the return of Champions League football to Old Trafford.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">United have also been criticised for a lack of investment in the Women&#8217;s Super League squad, which is currently second bottom of the table with one point from three games.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Ratcliffe previously argued the club had to take strong action to slash losses. Two lots of redundancies led to 450 people losing their jobs, while United have confirmed their latest set of salary costs have reduced by \u00a311.3m to \u00a3302m.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;This is primarily due to changes in the make-up of the men&#8217;s first team squad, combined with savings associated with headcount reduction programs implemented over the previous two fiscal years,&#8221; said the club.<\/p>\n","protected":false},"excerpt":{"rendered":"In addition, United also confirmed they spent \u00a363.5m of an additional $125 (\u00a394.14m) added to their historic debt&hellip;\n","protected":false},"author":2,"featured_media":780133,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[59,101,56,54,55],"class_list":["post-780132","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sports","tag-gb","tag-sports","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/780132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=780132"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/780132\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/780133"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=780132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=780132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=780132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}