Manchester United refinances debt, increasing long-term borrowing to $550 million
Yahoo Sports • 1 min read • Latest: Jun 12, 2026, 10:40 PM
Last updated Jun 12, 2026
Manchester United has taken on an additional $125 million in long-term debt as part of a refinancing effort related to the Glazer family's leveraged buyout from 2005. A filing with the U.S. Securities and Exchange Commission confirmed this increased debt, which now totals $550 million at a higher interest rate of 5.36%, up from 3.79%. The repayment period has been extended from June 2027 to 2031. This debt restructuring follows reports of the Glazers potentially selling their stakes in the club, amidst ongoing financial challenges, including £360 million owed in transfer fees. United plans to use these borrowings for general corporate purposes.
- •United increases long-term debt to $550 million after refinancing.
- •The interest rate rises from 3.79% to 5.36% post-refinancing.
- •The repayment deadline for the debt extends to 2031.
- •£360 million in transfer fees remain outstanding, with £209 million due soon.
- •Speculation surrounds potential changes in ownership among the Glazer family.
- 10:40 PMYahoo Sports — Man United pile on more long-term debt in latest financial move
"Manchester United have taken out an additional $125million in long-term debt as part of a refinancing of borrowings stemming from the Glazers’ controversial leveraged buyout of the club in 2005.Refi...
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