Manchester United's net debt has topped $1bn for the first time after the club borrowed £105m for summer recruitment.
United continue to owe £481m ($644m) – a legacy of the Glazer family’s leveraged takeover in 2005.
And while that figure remains unchanged, the £105m taken from a revolving credit facility pushes additional borrowings to £268m, leaving the total amount owed at £749m ($1.002bn).
United have now also spent over £1bn on interest since the Americans took control 20 years ago.
Despite those sobering figures, chief executive Omar Berrada said the club’s first quarter financial results, in which they announced a £13.