Man Utd still £1bn debt with £63.5m spent on new stadium
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Manchester United reported that their total financial liabilities remain above the one billion pound threshold, despite a slight decrease from figures recorded at the close of December. Chief executive Omar Berrada highlighted record-breaking revenue figures during a financial update that also confirmed sixty-three and a half million pounds spent acquiring ground near the arena for an upcoming stadium project, which carries an estimated price tag exceeding two billion pounds.
Meanwhile, supporters expressed significant frustration regarding squad depth following a summer transfer window featuring arrivals such as Carlos Baleba, Andrey Santos, and Youri Tielemans, with complaints centered on the absence of backup options for Luke Shaw and Benjamin Sesko. In addition, the organization slashed wage expenses by eleven point three million pounds down to three hundred and two million pounds, a shift driven by workforce reductions totaling four hundred and fifty layoffs alongside adjustments to the men's senior roster.
