Manchester United has debts of 716.5 million pounds
12:58 • Events
Manchester United debt reached 716.5 million pounds (about 826 million euros) on June 30, 2009, according to situation published Wednesday by holding group that owns English football.
A year before the club was debt amounting to 699 million pounds. Holding company Red Football Joint Venture Interest paid 68.5 million pounds during the financial year 2008-2009, which represents two thirds of the amount paid by Real Madrid to buy Portuguese striker Cristiano Ronaldo, the most expensive transfer in history football.
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