Costs rise as Man Utd agree new $550m funding deal (opens original article in a new tab)

Manchester United agreed to a $550m loan with a higher interest rate to manage debt, highlighting ongoing financial challenges and costs for a new stadium.

• Manchester United renegotiated $425m in debt, borrowing $550m at a higher interest rate of 5.36% compared to 3.79%
• The new loan will be used to prepay existing debt and for general corporate purposes, with additional liabilities including £500m in transfer fees
• The club extended a $225m loan's repayment term to 2031 and faces significant costs for a new stadium estimated at £2bn