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English Premier League

10 Clubs With Most Debt In Football

While Manchester United remain the richest club in England, the Red Devils also have the biggest debt in football a report earlier this year revealed – you can find the 10 clubs with the most debt here.

Click through the gallery above to see the 10 clubs with most debt, according to UEFA.

Earlier in the year UEFA published its Club Licensing Benchmarking report, which gives an overview of the financial year 2018.

United’s net debt rose to €568 million (R10.8 billion), which is over €80 million (R1.5 billion) more than second-placed Tottenham Hotspur with €483 million (R9.18 billion).

However, UEFA also insisted the level of debt must be analysed in the context of revenue and long-term assets.

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The Red Devils’ revenue of €666 million (R12.7 billion) - the biggest in England the third-biggest in tehe world - outways the club’s debt, which is a healthy balance.

Spurs’ debt level, meanwhile, rose so much due to the construction of their new stadium, but it meant an investment of €555 million (R10.6 billion) in their fixed assets, having already invested a then-record of €257 million (R4.9 billion) in fixed assests in the financial year 2017.

Inter Milan complete the top three, with Italian giants having a net debt of €461 million (R8.76 million) – you can find the full overview in the gallery above.

Read: 14 Highest-Paid Footballers On Forbes Rich List

Note: Net debt in the UEFA Club Licensing and Financial Fair Play Regulations report includes net borrowing (i.e. bank overdrafts and loans, other loans and accounts payable to related parties, minus cash and cash equivalents) and the net player transfer balance (i.e. the difference between accounts receivable and payable from player transfers).

Do you think United need to get rid of their massive debt? Have your say in the comments section below.

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