How much Man Utd owe in transfer instalments show staggering extent of Glazer rot

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The true extent of the Glazer family’s rank incompetence of Manchester United’s finances have been laid bare.

Ever since the Glazer family took a controlling stake in Manchester United back in 2005, the fanbase have been vehemently against them due to their leveraged takeover of the club in the first place.

Bought on debt, the American family plunged United, a previously debt-free club, into hundreds of millions of pounds of trouble, that debt still remains at the club to this day.

Another aspect of the club that has been grossly mismanaged is their transfer dealings with United paying grossly over the odds for certain players.

United’s transfer mismanagement

Whether it’s Antony for £86 million, Harry Maguire for £80 million, when he was available for £65 million a year earlier, or the ludicrous wages given to Alexis Sanchez, it’s rare the Red Devils go a summer without making a ludicrous decision in the market.

A post on X from financial expert Kieran Maguire has laid bare the extent of issues United currently have.

Whenever United complete a transfer deal, the Red Devils usually pay off these fees in installments apart from the rare times, like in the case of the Maguire deal, where they paid all of the fee in one lump sum. When they arrived at Old Trafford, United owed just £7m in transfer fees.

However, at present the Red Devils owe £364 million in transfer fees, which is by far the biggest, a full £108 million behind second-place Arsenal (£252 million).

Ratcliffe has to fix this mess

It’s a messy situation for Sir Jim Ratcliffe, the 71-year-old billionaire to have to deal with during his first few months at Old Trafford.

This has meant money is tight at United with only loans being available for the club in the January transfer window.

Ratcliffe and Ineos will have to sort this mess out just so the Red Devils can begin spending like they should be able to.

At the moment, it’s a sell-to-buy policy which for a club the size of United, is just not sustainable and fans shouldn’t have to put up with it.