2min chapter

Talk of the Devils: The Athletic FC's Manchester United show cover image

United Unchained: Sale Latest, Replacing Ronaldo, and Singing in Spain

Talk of the Devils: The Athletic FC's Manchester United show

CHAPTER

The Transfer Net Debt Is One Billion Dollars

The gross debt is like £5.08 million, that's what they used to buy the club originally. So that's that's owed to banks in America. The interest rate is finally a kind of manageable level. It was excruciating levels, I think 17% when they first took over with the pick loans. But nevertheless, it's money that isn't actually theirs or the clubs. Andi: "It's crazy that you've got a club that generates 500, 600 million pounds of revenue"

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