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Financial Reports Highlight City Rules Breach and United Debt Details
BBC Afaan Oromoo

Financial Reports Highlight City Rules Breach and United Debt Details

A Premier League committee report has revealed financial rule breaches by Manchester City, alleging the club artificially inflated its revenue by over £830 million using unauthorized owner funding disguised as sponsorship. Meanwhile, Manchester United released its financial statements to the New York Stock Exchange, detailing a total debt load of £1.15 billion, including £90 million in new borrowing and £37 million in annual interest payments. United recorded a record revenue of £677.6 million last season and expects it to reach £760 million in 2026-2027 following their return to the Champions League. CEO Omar Berrada stressed that the club is pursuing a disciplined financial path despite spending £191.7 million on player acquisitions and related costs. Additionally, United spent £63.5 million to secure land for a potential new stadium, though funding for the construction remains undecided.

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