Man Utd debt up to £1.3bn despite profit of £33m
BBC World
February 25, 2026
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Manchester United’s financial situation remains a key talking point in global football as the club continues to grapple with rising debt despite reporting a profit. At the end of last year, the Red Devils owed £1.29 billion, primarily due to legacy debt from the Glazer family takeover, outstanding transfer fees, and a rolling credit facility. Despite this staggering figure, the club reported a profit of £33 million for the period, with revenues reaching £190.3 million. However, the growing debt load raises questions about how United will finance its ambitious plans, such as building a new stadium预计 to cost over £2 billion.
The club’s financial strategy has been focused on cutting costs, including significant layoffs and the elimination of staff perks like a paid canteen. These measures have reduced expenses, with wages falling by 9% to £75.1 million and net finance costs dropping to £13.9 million, though still substantial compared to previous years. The savings have allowed United to invest in data analytics and other off-pitch initiatives aimed at improving performance on the field.
In August 2025, respected football finance blogger Swiss Ramble ranked Everton and Tottenham above Manchester United in terms of debt levels. While both clubs have taken on debt to fund new stadium projects, United has yet to reveal its financing plan for its own proposed £2 billion ground. This uncertainty, coupled with the club’s desire to return to the Champions League after a two-year absence, underscores the delicate balance between financial prudence and competitive success.
The article highlights the challenges of managing a football club as both a business and a sport, where profitability must coexist with the pursuit of trophies. Manchester United’s ability to navigate these complexities will not only determine its future on the pitch but also set an example for other clubs and investors in the global sports industry.
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Originally published on BBC World on 2/25/2026