How Man Utd Plan to Compete with Big Spending Rivals Manchester United's head coach Michael Carrick has been touting his team's ability to compete with top spending rivals despite the club's limited transfer activity this summer.
The reality, however, is that Manchester United's spending power has been severely curtailed by their massive debt load. The club's balance sheet reveals a staggering £1.
29bn in total borrowings, including outstanding transfer fees. This figure doesn't account for the additional £91. 92m taken on when refinancing bonds earlier this year.