Manchester United debt reaches £1.15bn after additional £90m borrowing

Manchester United's overall debt has reached £1.15bn after the club borrowed a further £90m, according to BBC Sport's reporting on its latest accounts. The figures accompany record revenue and a return to the Champions League, while also setting out payments still due on player transfers and expenditure on land for a proposed new stadium.

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BBC Sport reported revenue of £677.6m, with the club projecting that the figure could rise to £760m in 2026-27. United finished third in the Premier League to secure Champions League football after two seasons outside the competition. Chief executive Omar Berrada said the club would continue to control its spending to keep its finances sustainable.

The accounts disclosed £191.7m of spending on new players and associated costs since 30 June, with payments spread over the next five years. BBC Sport identified Carlos Baleba, Andrey Santos and Youri Tielemans among those signings. The total also covered academy recruits, including England youth international Tynan Thompson, rather than only additions to the senior squad.

United's transfer debt stood at £375m before 30 June, and £218m of that amount must be paid before 30 June 2027. Separately, the club disclosed another £122.8m in potential contractual payments linked to players already signed. Those amounts depend on agreed targets being met and are therefore distinct from payments that are already due.

The club's debt restructuring in June added $125m, equivalent to £94.36m, to its main debt, BBC Sport reported. United subsequently said on 23 September that £63.5m had been spent on land for the planned stadium. The precise arrangement for financing the stadium itself has yet to be determined.

Wages fell from £313m in 2025 to £302m in 2025-26, when United had no European football. BBC Sport put the latest wage-to-turnover ratio at 45%. The report also recorded £47m raised through player sales by the transfer window's close on 1 September, placing United 11th among Premier League clubs on that measure. Several departing young players had sell-on and buy-back provisions included in their deals.