Revealed: Man Utd's eye-watering £1 billion debt amid outstanding transfer payments and borrowing under the Glazer family's ownership

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Manchester United's debt has surpassed £1 billion, according to the club's latest financial results.

Borrowing up to £773mThe club's accounts for the year ending June 30 revealed a gross debt of £507m .

Since that period the club have availed of credit facilities with two banks for a total of £160m, bringing the total gross debt to £773mTHE BIGGER PICTURE:despite record revenues under the controversial ownership by the Glazer family. The United faithful are now pinning their hopes on the arrival of Sir Jim Ratcliffe and his INEOS group to rejuvenate the club on and off the field.

 

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