Manchester United have taken on an extra £90 million in loans since the end of June, and the club has confirmed that they spent £191.7 million on new players during the summer transfer window. This included acquiring Andrey Santos from Chelsea on 13 July, Youri Tielemans from Aston Villa on 14 July, and Carlos Baleba from Brighton on 25 August. At the time of these transfers, the club disclosed fees totaling £153 million, but it remains unclear where the additional £38 million of the total transfer spending was allocated. The confirmation of the extra £90 million loan was included in a more detailed financial filing submitted to the New York Stock Exchange on Thursday. This came after the club released its 2025-26 financial accounts, covering the period up to 30 June. The filing indicated that Manchester United’s overall debt remains above £1 billion, despite cost-cutting measures introduced by Sir Jim Ratcliffe since he became a minority owner in 2024. The club made three additional withdrawals from its revolving credit facility on 29 and 31 July and 28 August, totaling £120 million. They later repaid £30 million on 21 September. As a result, Manchester United’s total debt now stands at £1.15 billion. This includes £578 million in historical debt, £200 million still owed on the revolving credit facility, and £375 million in outstanding transfer fees. This represents a £72 million reduction from the £447 million in transfer fees owed, as reported in the 2024-25 accounts. Despite this reduction, the club still has a significant amount of debt. Approximately £104.8 million is due between one and two years, £51.9 million is due between two and five years, and the rest is due within the next 12 months. Manchester United stated that payments for their most recent transfers are due within the next five years, highlighting the long-term financial commitments the club faces.