Man Utd debt remains above £1bn despite record revenue

AI Summary

Manchester United remains burdened with over £1 billion in debt despite implementing significant cost-cutting measures. The club also disclosed a £63.5 million expenditure on land acquisition for a proposed new stadium.

Manchester United’s overall debt remains above £1bn despite a major cost-cutting programme, with the club also revealing that £63.5m was spent acquiring land for its proposed new stadium.United pu...