He Manchester Utd it announced on Thursday its financial results to December 2022 and showed a debt of 535 million pounds (600 million euros).
The Old Trafford club’s debt is up 10 per cent year-on-year due to the pound’s depreciation against the dollar, as explained by unitedwhich is currently in the process of being sold, with the British billionaire Jim Ratcliffeowner of Ineos and Jassim bin Hamad bin Khalifa Al ThaniSheikh of Qatar, as the main suitor.
In the statement of Manchester Utd there was no mention of selling the family club glazerwhich has been in power since 2005 and hopes to get more than 5,500 million euros for parting with one of the most important clubs in the world.
The club’s total revenue decreased by 10%, due in large part to the club not qualifying for the Champions Leaguein addition to the misunderstanding of Qatar World Cup between November and December, which did not allow them to receive income from match days during that period.
Source: La Verdad
I’m Rose Herman and I work as an author for Today Times Live. My expertise lies in writing about sports, a passion of mine that has been with me since childhood. As part of my job, I provide comprehensive coverage on everything from football to tennis to golf.
