Manchester United's debt stands at £773.3million after the club released their latest financial figures for the three months ending December 31, 2023.
The results saw United post healthy revenues of £225.8million, although that was primarily down to their participation in the Champions League.
Their early exit from Europe will only be reflected in forthcoming financial results. That is an increase in revenue of 34.9% year-on-year and net profit also rose to stand at £20.4million for the three months.
Matchday revenues were up 59.2% from the same period last year and broadcasting revenue went up by 81%, both as a result of playing in the Champions League rather than the Europa League. ALSO READ: Transfer question now looms over Mount with United career on trial ALSO READ: United set to suffer Tottenham and Arsenal pain to fulfil Ratcliffe dream The results also include the agreement of a minority investment from Sir Jim Ratcliffe but they also reveal that United remain heavily in-debt, both through long-term debt and the revolving credit facility that the club uses throughout the year.
Read more on manchestereveningnews.co.uk
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