582 million euros in debt! Manchester United is in the red again

The cash register is not right either: Manchester United has reported losses again in its worst season since the Premier League was introduced in 1992.

In the first three months of this year, the English record champions increased their turnover by 29.2 percent compared to the same period last year of 152.8 million pounds (179.5 million euros), but were still unable to report any profits.

Rather, from January to March 2022, Manchester United racked up another £21.8 million (25.6) in liabilities. The total rose to £495.7 million (582.42), an increase of 11.8 percent over 12 months.

Part of the reason is wages, which the club says have risen 20 per cent to £102m (119.8) for the first quarter of the year.

Manchester United finished sixth last season and scored just 58 points – fewer than at any time since the Premier League was founded.