Manchester United borrow extra £90m as overall debt climbs to £1.15bn

Manchester United have borrowed a net £90m since 30 June, taking the club's overall debt to £1.15bn.

The detail was disclosed in a filing to the New York Stock Exchange after United published its accounts for the year to 30 June, as reported by BBC.

The extra borrowing came from United's revolving credit facility, a flexible loan pot the club can dip into and repay. United drew down £120m across 29 July, 31 July and 28 August. It then repaid £30m on 21 September.

That leaves £200m outstanding on that facility. It sits alongside what the club calls its historic debt, long-term borrowing of £578m. The third chunk is money owed to other clubs for players.

United owe £375m in outstanding transfer fees. Those deals are rarely paid in one go. Clubs usually pay in instalments, so the debt moves as old signings are paid off and new ones arrive.

United confirmed it spent £191.7m on new players in summer 2025. Even so, the total owed for transfers fell by £72m from the £447m listed in the 2024-25 accounts.

Most of the £375m falls due soon. The filing says £104.8m is due in one to two years and £51.9m is due in two to five years. The rest must be paid in the next 12 months.

For fans, this means the transfer talk has a second scoreline. The goals get the noise. The payments keep ticking in the background.