Manchester United's net debt has increased by almost $181 million. The total net debt has risen by 42% up to an eye-watering £429.1million with the club citing the current pandemic and the economic demise for the financial downturn (Laurie Whitwell, the Athletic ). In 2018, Woodward reportedly claimed the club could make money regardless … The 20-time English champions have already registered a substantial increase of debt up to 42 percent over the last quarter and with no football being played since the past two months, the halt has had a major impact on Manchester United debt. Manchester United have displayed the brutal impact of COVID-19 on the world’s largest football clubs today as the quarterly results display. The Old Trafford club's debt has grown by 25 per cent this year. The club have also announced a 2.6% growth in total revenue from £168.4m to £172.8m in the last three months of 2020. Manchester United's owners are £1.1bn in debt - £400m more than previously known - after borrowing extensively against their shopping mall business. Manchester United are in debt and the club's net debt as of September 24, 2019 was £203.6 million ($254m), down from £301.7m ($373m) on the previous year. Man United financial results: Debt up 133%, revenue down, losses of £23.2m amid COVID-19 United announced their second quarter results to 31 December on Thursday. Find the latest Debt Equity Ratio (Quarterly) for Manchester United Ltd. (MANU) Manchester United debt/equity for the three months ending December 31, 2020 was 1.16 . According to reports from the Daily Mirror, Manchester United net debt risen to £429.1m in the past year. Manchester United have confirmed they accessed a £60m draw-down of their available £200m credit line in order to cover a soaring net debt of £455.5m as a result of the coronavirus pandemic. Manchester United have borrowed Sh9 billion to help cushion the financial impact of the coronavirus pandemic. Debt Equity Ratio (Quarterly) is a widely used stock evaluation measure. June 1, 2020. Current and historical debt to equity ratio values for Manchester United (MANU) over the last 10 years. Manchester United have announced their debt has risen close to £430 million in their latest financial figures. The club confirmed match day income had fallen 94.2% to Sh490 million over the … The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Manchester United’s net debt has increased to £429million as their latest financial figures revealed how much the coronavirus pandemic has hit the club. The debt remains vast, £511m, and costs £25m in interest, but United can wave that away, and the £23m dividends, without really feeling it.