Man United share £40m takeover cost and exact Sir Jim Ratcliffe investment

  • 📰 MENnewsdesk
  • ⏱ Reading Time:
  • 49 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 69%

Manchester United FC Новости

Sir Jim Ratcliffe

Man Utd's latest accounts cover the period of the Ineos investment being officially confirmed.

Manchester United spent a further £30.3m on legal fees and other costs related to Sir Jim Ratcliffe's deal to buy 27.7% of the club, their latest accounts have revealed.

The financial results covering the final three months of 2023 showed that £9.6m had been spent so far on the deal, which was agreed in December but only fully ratified in February of this year. A further £30.3m has now been spent on the fees connected to the agreement, taking the total to £39.9m.ALSO READ: Manchester United still in talks with free agent despite three transfer bids

A large chunk of that capital has also been used to help reduce the club's revolving credit facility, which stood at £143m at March 31, 2024, down from just over £200m the previous year. United's latest financial results showed a net loss of £71.4m for the first three months of this year, up from £5.6m from the same quarter a year ago.

United's debt for the quarter remained $650m, which is unchanged from a year ago. A change in the exchange rate means the debt in GBP has dropped from £521.5m to £511.3m.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 23. in RU

Россия Последние новости, Россия Последние новости