Manchester United annual net debt
2017
2018
2019
2020
2021
2022
2023
2024
2025
Manchester United Net Debt Growth & History (MANU)
Manchester United's net debt was £559.3M for fiscal 2025.
View full Manchester United company overviewManchester United annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-06-30 | £559.3M | £77.6M | +16.11% |
| 2024 | 2024-06-30 | £481.7M | −£64.4M | −11.80% |
| 2023 | 2023-06-30 | £546.2M | £26.8M | +5.17% |
| 2022 | 2022-06-30 | £519.3M | £95.4M | +22.51% |
| 2021 | 2021-06-30 | £423.9M | −£54.6M | −11.40% |
| 2020 | 2020-06-30 | £478.5M | £274.9M | +135.01% |
| 2019 | 2019-06-30 | £203.6M | −£50.2M | −19.76% |
| 2018 | 2018-06-30 | £253.7M | £40.7M | +19.08% |
| 2017 | 2017-06-30 | £213.1M | — | — |
Manchester United quarterly net debt
Q4.18
Q2.19
Q4.19
Q2.20
Q4.20
Q2.21
Q4.21
Q2.22
Q4.22
Q2.23
Q4.23
Q2.24
Q4.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-03-31 | £695.0M | £46.4M | +7.16% |
| Q2 2026 | 2025-12-31 | £736.0M | £91.4M | +14.18% |
| Q1 2026 | 2025-09-30 | £677.2M | — | — |
| Q4 2025 | 2025-06-30 | £559.3M | £77.6M | +16.11% |
| Q3 2025 | 2025-03-31 | £648.6M | — | — |
| Q2 2025 | 2024-12-31 | £644.6M | −£74.4M | −10.35% |
| Q4 2024 | 2024-06-30 | £481.7M | −£64.4M | −11.80% |
| Q2 2024 | 2023-12-31 | £719.1M | £4.9M | +0.69% |
| Q4 2023 | 2023-06-30 | £546.2M | £26.8M | +5.17% |
| Q2 2023 | 2022-12-31 | £714.1M | £215.6M | +43.24% |
| Q4 2022 | 2022-06-30 | £519.3M | £95.4M | +22.51% |
| Q2 2022 | 2021-12-31 | £498.6M | £39.2M | +8.54% |
| Q4 2021 | 2021-06-30 | £423.9M | −£54.6M | −11.40% |
| Q2 2021 | 2020-12-31 | £459.3M | £62.8M | +15.84% |
| Q4 2020 | 2020-06-30 | £478.5M | £274.9M | +135.01% |
| Q2 2020 | 2019-12-31 | £396.5M | £78.9M | +24.82% |
| Q4 2019 | 2019-06-30 | £203.6M | −£50.2M | −19.76% |
| Q2 2019 | 2018-12-31 | £317.7M | — | — |
| Q4 2018 | 2018-06-30 | £253.7M | — | — |
Manchester United net debt trends
Over the last five fiscal years, Manchester United's net debt increased from £478.5M to £559.3M, a change of £80.9M. The latest reported quarter, Q3 2026, shows £695.0M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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