Man Utd still £1bn in debt, with interest costs rising and £63.5m spent on new stadium

Image source, Getty Images Image caption, Manchester United are currently 12th in the Premier League

Manchester United reporter Published 23 September 2026 Manchester United's overall debt remains over £1bn despite Sir Jim Ratcliffe's extensive cost-cutting measures, with the club also confirming it has spent £63.5m buying land for the team's new stadium.

Amid a backdrop of fan protests and a disappointing start to the season that has left United 12th in the Premier League and already out of the EFL Cup, the club have announced record revenues of £677.6m and a £22.6m operating profit despite not playing in Europe for the first time in a decade.

This represents a huge shift from the £113.2m loss in 2023-24.

However, while United have saved £8.5m of a projected £16.5m pay-off to axed boss Ruben Amorim after he accepted a job at AC Milan, other costs have increased.