NET DEBT · CONSOLIDATEDSRC · 10-Q NOTE 8 · FY26 Q3

£731,505,228

Interest Q3: £37.4M
Revolver: £225M
YoY: +6.1%

DRAG-ALONG THRESHOLD · CLAUSE 6.4 / SHA01 · 08 · 2027

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INTEREST PAID SINCE ACQUISITION (2005)Calculating…SRC · ANNUAL REPORTS · 10-K SERIES · GLZ RECONCILIATION

MANU LATEST STOCK PRICE (NYSE)$22.30-0.15 (-0.67%)SRC · LIVE MARKET DATA · YAHOO FINANCE

NET DEBT ● £731.5MDRAG-ALONG ● 01·08·2027QUARTERLY INTEREST ● £37.4MREVOLVER DRAWN ● £225MCUSTODIANS ● 48,217DISPATCHES FILED ● 312CAPEX BACKLOG ● £212MDIVIDENDS TO PARENT SINCE 2012 ● £165MCLAUSE 6.4 / SHA ● DRAG-ALONG RISKGLAZERSOUT.CO.UK ● WE DO NOT GUESS. WE FILE.

A museum
of decline,
by design.

Glazers Out is the public custodian intelligence desk. We catalogue the financial, structural, and reputational decay of a heritage asset extracted from its custodians in 2005. We do not chant. We do not guess. We file.

ACQUISITION12 · 05 · 2005VIEW →

LBO DEBT LOADED£540MSRC →

NET DEBT NOW£731.5MFILE →

THRESHOLD01 · 08 · 2027JOIN →