Manchester United Debt Holds at $650M as Quarterly Finance Costs Drop to $18.8M

5 months ago

Manchester United Debt Holds at $650M as Quarterly Finance Costs Drop to $18.8M

Daily Mail's Chris Wheeler wrote United’s $650m Glazer-era debt “remains unchanged,” but net finance costs fell to £13.9m ($18.8m) this quarter from £37.6m ($50.8m) in Q1. The Feb. 25 filing shows a sharp interest-line drop as Ratcliffe’s cost-cutting. Manchester United might see even more increase in revenue next year as they could be competing in the champions league.

By Tanish Chachra

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