Manchester United faces financial challenges amid coaching change

Manchester United is dealing with significant financial issues, including over $1 billion in debt. The club recently fired manager Michael Carrick after a poor start to the season, with expectations of hiring U.S. men's national team manager Mauricio Pochettino. Manchester United has not made major signings recently, struggling to compete in a competitive transfer market. Despite a slight stabilization under new minority owner Jim Ratcliffe, including cost-cutting measures that reduced the wage bill, the club still faces high annual interest payments that impact their ability to invest in players.

• 9:12 PMYahoo Sports — Pochettino’s Manchester United Will Still Face Major Financial Woes