23 minutes agoMan Utd in debt about 1m euros
Periskopi(3 years ago)
(3 years ago)According to the new figures, Manchester United has financial obligations worth 969.6 million pounds through a combination of gross debt, bank borrowing and unpaid transfer fees with corresponding payments. The club released the second quarter results by December 31st on Thursday. Unlike past years, then there were no appeals [...]
The club released the second quarter results by December 31st on Thursday.
Unlike past years, then there were no investor calls as a result of the <x0-> strategicization<x1 ongoing.
This could lead to the sale of the Premier League club.
While the main debt remains at $650m, a change in exchange course meant that the club owed 535.7 million pounds compared to 477.1m pounds at the same point a year ago.
BBC Sports has been told that the figures are evidence of a difficult “financial situation”, although it is stressed that this has already changed for the better, due to the huge revenues of match day and impressive sales of seasonal tickets, and they expect this to continue.
