After two decades, United's gross debt is largely back to where it was when the Glazers took over

Manchester United gross financial debt (£millions)

Bar chart of Manchester United gross debt since 2004, where amount at end of 2023-24 season isn't much lower than initial debt loaded onto club via Glazer Family takeover.

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Note: Vast majority of debt is denominated in USD but reported, as above, in GBP, and therefore subject to currency fluctuations.

Source: Club financial statements