To make sure you never miss out on your favourite NEW stories, we're happy to send you some reminders

Click 'OK' then 'Allow' to enable notifications

Not now
OK
Advert
Advert
Advert

Man United debts surpass £1 billion as club set to be ‘taken off the market’ by the Glazers

Marcus Chan

Published 
| Last updated 

Man United debts surpass £1 billion as club set to be ‘taken off the market’ by the Glazers

Premier League giants Manchester United are reportedly in more than £1 billion of debt as the club’s future remains uncertain.

Since November 2022, the club’s owners, the Glazers have put United up for sale.

To date, it has been reported that Qatari banker Sheikh Jassim and British billionaire Sir Jim Ratcliffe are the front runners to buy United.

However, it has been claimed that the Glazers are now thinking about taking the club off the market and sell again in 2025.

Advert

Loading…

According to the Daily Mail, United are now in debt of more than £1 billion.

The report claimed that United’s third-quarter results show that debts have increased from £969 million to £1.05 billion.

The rise is reportedly due to a combination of gross debt, banking borrowings and outstanding transfer fees.

Advert

United spent big again this summer as they brought in the likes of Mason Mount, Andre Onana and Rasmus Hojlund.

Ahead of their comeback victory against Nottingham Forest last month, United fans staged another protest against the Glazers.

Image Credit: Getty
Image Credit: Getty

Speaking about the protests, manager Erik ten Hag said: “The fans are entitled to have that opinion. But you see also that the fans and the team has a very strong bond.

Advert

“Throughout my time here, that bond has got stronger and stronger - and today again it became even stronger.”

He added: “That magnificent comeback will help them support us. We get big support from them both away from home and at Old Trafford - and we have to keep strengthening that. It is very good to see the fight and the spirit between us.

“At United, we work with togetherness throughout the whole club. We have the same targets, we put 100 per cent effort in and the communication is good.”

United will return to Premier League action after the international break with a clash against Brighton and Hove Albion.

Featured Image Credit: Getty

Topics: Manchester United, Football

Marcus Chan
More like this
Advert
Advert
Advert

Chosen for YouChosen for You

Football

Club will compete in FA Cup second round despite losing previous tie because of 'perplexing' error

31 minutes ago

Most Read StoriesMost Read

Andre Onana 'could be banned from playing for Man Utd' by FIFA rule if he snubs AFCON

9 hours ago