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Man Utd Debt Over £1bn After Ratcliffe Cost-Cutting

BBC Sport Football •
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Manchester United's overall debt remains over £1bn despite Sir Jim Ratcliffe's cost-cutting measures. The club confirmed spending £63.5m of an additional $125m on land for their new stadium, which is likely to cost in excess of £2bn. While historic debt reduced to £577.6m, the total includes £111.4m on a revolving credit facility and transfer fees representing approximately 75% of £473m in trade payables.

This financial stance comes as supporters express frustration over perceived underinvestment in the first team. United spent £148m on three summer signings, less than a third of Manchester City's spending. Fans criticized the lack of a left-back to compete with Luke Shaw and striker support for Benjamin Sesko.

Ratcliffe previously argued strong action was needed to slash losses, leading to 450 job redundancies and salary costs reduced by £11.3m to £302m. Chief executive Omar Berrada highlighted record revenues and a disciplined approach to financial sustainability. United also confirmed strengthening both men's and women's teams during the summer window, though the Women's Super League squad remains second bottom of the table with one point from three games.