Manchester United Debt Exceeds $1.1 Billion After New Borrowing
The club has taken out an additional $90 million since June, bringing its total debt to over $1.15 billion.
Manchester United has secured an additional $90 million in borrowing since June 30, pushing its total debt beyond $1.1 billion. The club also confirmed spending of $191.7 million on new players during the summer transfer window. This new borrowing was detailed in filings to the New York Stock Exchange on Thursday, following the release of the club's 2025-26 accounts.
These latest financial disclosures reveal that the club made three drawdowns from its revolving credit facility totaling $120 million in late July and late August. A repayment of $30 million was made on September 21, resulting in a net increase of $90 million in new borrowing.
The club's overall debt now stands at $1.15 billion. This figure comprises $578 million in historic debt, $200 million outstanding on its revolving credit facility, and $375 million in outstanding transfer fees. While the amount owed for transfer fees represents a $72 million reduction from the previous fiscal year's accounts, a significant portion remains due. Approximately $104.8 million is owed within one to two years, and $51.9 million is due within two to five years, with the remainder payable within the next 12 months. The club has stated that payments for recent transfers are scheduled to be made within the next five years.
Sir Jim Ratcliffe, who became a minority owner in 2024, has implemented cost-cutting measures as the club navigates its substantial debt. The club has been approached for comment regarding the latest financial figures.