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 an independent project dedicated to Manchester United Football Club. We document the financial realities, structural decisions, and cultural impact of the club's ownership since 2005. We believe in transparency, accountability, and putting the club first.

ACQUISITION12 · 05 · 2005VIEW →

LBO DEBT LOADED£540MSRC →

NET DEBT NOW£731.5MFILE →

THRESHOLD01 · 08 · 2027JOIN →