© JumpStory
"The coronavirus pandemic paralyzed the football world, which will undoubtedly also affect the clubs' finances. "Manchester United" presented their financial report for the first quarter of 2020 on Thursday, revealing the difficulties currently faced by this English giant. One of the club's directors, Ed Woodward, announced that the club's debt has increased to over 127 million pounds sterling and currently exceeds 429 million. The increase in debt was also influenced by two significant "Man Utd" transfers, when the club acquired Harry Maguire and Bruno Fernandes. It is reported that the "Red Devils" will also receive much lower income from broadcasts, which are simply not happening at the moment. However, E. Woodward himself recently stated that "Man Utd" is preparing to be competitive in the player market next summer."
