iHub News
2週前
Manchester United Weighs Debt Refinancing Ahead of 2027 Maturity (MANU)June 5, 2026 9:34 AM
IH Market News Manchester United (NYSE:MANU) is evaluating options to refinance approximately $425 million of debt due to mature next year, according to a report from Bloomberg, as the club looks to manage its financial obligations and potentially secure additional capital. The Premier League side is said to be in the early stages of discussions with lenders and has yet to finalize the structure of any refinancing transaction. Private Debt Market Under Consideration According to the report, Manchester United is exploring a refinancing through the private placement market, where interest has already been expressed by both banks and institutional investors. While talks remain preliminary, demand from potential funding providers could allow the club to raise more than the amount required to refinance the existing debt. New Financing Could Exceed Existing Borrowings The debt under review dates back to 2015 and carries a fixed interest rate of 3.79%. Strong investor appetite could enable Manchester United to secure as much as $500 million in new financing, exceeding the current refinancing requirement and potentially providing additional liquidity for broader corporate purposes. Any final transaction would replace borrowings scheduled to mature in 2027. Discussions Come Amid Ownership Uncertainty The refinancing process is unfolding as members of the Glazer family reportedly assess options regarding their ownership interests in the club. According to earlier Bloomberg reporting, several family stakeholders have explored the possibility of selling part or all of their holdings after more than two decades of ownership. While no transaction has been announced, the review of strategic options continues to attract significant attention from investors and supporters alike. Debt Remains a Key Issue Since Glazer Takeover Manchester United’s debt burden has remained a prominent topic since the Glazer family’s leveraged buyout of the club in 2005. At the time of the acquisition, the club reportedly carried around £50 million ($67 million) of debt. Although the Glazer family has invested substantial amounts of its own capital into the organization over the years, the leveraged ownership structure also contributed to a significant increase in the club’s liabilities. Refinancing Aims to Preserve Financial Flexibility By seeking to refinance debt ahead of its maturity, Manchester United appears to be taking steps to maintain financial flexibility while potentially benefiting from strong investor interest in the club’s credit profile. The outcome of the discussions could influence the club’s future financing strategy as it balances debt management, ownership developments and ongoing investment in football and commercial operations. Manchester United stock price Original: Manchester United Weighs Debt Refinancing Ahead of 2027 Maturity (MANU)
giveit2me
2週前
no matter whos coming and whos going, manu will not win champions league trophy in the next 10 years. Carrick was an excellent player, he shouldve won ballon d'or , fifa, uefa, ,,, player of the year at least once. i wish him all the best. manu can sell all the jerseys, souvenirs, but they wont see the champions league trophy for at least 10 years
iHub News
3週前
Manchester United Shares Climb After Earnings Beat and Upgraded Outlook (MANU)May 27, 2026 8:04 AM
IH Market News Manchester United plc (NYSE:MANU) reported third-quarter fiscal 2026 results on Wednesday that surpassed analyst expectations, helping send the club’s shares sharply higher in premarket trading. The football club posted adjusted earnings per share of £0.03, outperforming analyst forecasts of a break-even result. Manchester United shares rose 7.61% in premarket activity following the earnings announcement. Quarterly revenue climbed to £189.5 million, comfortably ahead of analyst expectations of £164 million and representing an 18.1% increase from £160.5 million recorded in the same quarter last year. The club also raised its full-year fiscal 2026 revenue forecast to a range of £655 million to £665 million, above its previous guidance. The midpoint of £660 million exceeds analyst consensus estimates of £653.4 million. Manchester United additionally increased its adjusted EBITDA guidance to between £200 million and £210 million for the fiscal year. Chief executive Omar Berrada said, “We feel very positive about the club’s progress this season and the continuing positive impact of our business transformation initiatives.” “Finishing third in the Premier League and securing qualification to next season’s UEFA Champions League is testament to our men’s team’s improved form on the pitch.” For the nine months ended March 31, 2026, Manchester United generated operating profit of £37.7 million, compared with an operating loss of £3.2 million during the same period a year earlier. The improvement was supported by cost-cutting initiatives and stronger Premier League performance. Adjusted EBITDA for the nine-month period increased 29.0% to £187.5 million from £145.3 million. Broadcasting revenue surged 57.1% during the quarter to £64.9 million, driven by the club’s higher projected finishing position in the Premier League standings. Commercial revenue increased 10.3% to £82.4 million, while matchday revenue declined 5.2% to £42.2 million due to three fewer home fixtures compared with the previous year. Manchester United stock price Original: Manchester United Shares Climb After Earnings Beat and Upgraded Outlook (MANU)
US Market News
4週前
Michael Carrick Continues as Head CoachMay 22, 2026 7:00 AM
Business Wire Manchester United is delighted to announce that Michael Carrick will continue as Head Coach of the men’s first-team, having signed a new contract which will run to 2028. Carrick returned to United as Head Coach in January and was awarded the Premier League Manager of the Month award after victories against Manchester City and Arsenal in his first two games in charge. He has overseen qualification into next season’s UEFA Champions League with 11 wins from 16 games, accumulating the highest points tally in the Premier League since his arrival. One of United’s most successful and decorated players, Carrick played 464 games for the club, winning five Premier League titles, the FA Cup, two League Cups, the UEFA Champions League, the UEFA Europa League and the FIFA Club World Cup. Michael Carrick, head coach, said: “From the moment that I arrived here 20 years ago, I felt the magic of Manchester United. “Carrying the responsibility of leading our special football club fills me with immense pride. “Throughout the past five months this group of players have shown they can reach the standards of resilience, togetherness and determination that we demand here. “Now it’s time to move forward together, with ambition and a clear sense of purpose. Manchester United and our incredible supporters deserve to be challenging for the biggest honours again.” Jason Wilcox, Manchester United Director of Football, said: “Michael has thoroughly earned the opportunity to continue leading our men’s team. In the time he has been doing the role, we have seen positive results on the pitch, but more than that, an approach which aligns with the club’s values, traditions and history. “Michael’s achievements in leading the club back to the Champions League should not be understated. He has forged a strong bond with the players and can be proud of the winning culture at Carrington and in the dressing room, which we are continuing to build.” ABOUT MANCHESTER UNITED Manchester United is one of the most popular and successful sports teams in the world, playing one of the most popular spectator sports on Earth. Through our 146-year heritage we have won 69 major trophies, enabling us to develop the world’s leading sports brand and a global community of 1.1 billion fans and followers. Our large, passionate community provides Manchester United with a worldwide platform to generate significant revenue from multiple sources, including sponsorship, merchandising, product licensing, new media & mobile, broadcasting and match day. View source version on businesswire.com: https://www.businesswire.com/news/home/20260522452934/en/ Enquiries:
George McCaffery
Manchester United
george.mccaffery@manutd.co.uk Original: Michael Carrick Continues as Head Coach
giveit2me
5年前
heard rumors glasers considering selling the club. as of today, this club is good for nothing, used to be, not now, not in the past years. they coulda been part of history, they withdrew. super league is the way to go. corrupt uefa, fifa angry, cause they will not get a piece of the BIIIIIIIIIG PIIIIIIIIIIE. phuk em, go super league. mimicking US NFL MLB NHL is a good idea
giveit2me
7年前
here's the players Manu will need to win England and champions league in the next couple o years. DeGea, Becker, Sergio Ramos, Harry Maguire, De Ligt, Gerard Pique, Pogba, De Jong, Lucas Moura, Modric, Sadio Mane, Eden Hazard, Neymar, Cavani, Messi, Ronaldo, Salah. manager Pep Guardiola, or Jurgen Klopp. i dont see that happening, so no titles for Manu
tw0122
7年前
Saudi Arabian Crown Prince Mohammed Bin Salman wants to take control of Manchester United as early as this season, according to reports in the UK press.
Bin Salman has reportedly tabled a $4.9 billion bid for the Old Trafford club following an initial approach back in October.
The Sun reported that the initial bid was put on ice after the diplomatic row following the murder of journalist Jamal Khashoggi at the Saudi Arabian embassy in Istanbul, Turkey. Some have linked the killing to the Saudi crown prince, known as MBS.
But Bin Salman is reportedly returning for a second attempt to buy the famous English Premier League club in a bid to challenge United's cross-town rivals Manchester City, who are owned by Sheikh Mansour of the Abu Dhabi royal family.
United's current owners, the Glazer family, have owned the club since buying it for £790 million 2005 and listed it on the New York Stock Exchange in 2012.
The Glazers, who own the NFL's Tampa Bay Buccaneers franchise, are reportedly uninterested in selling their controlling shares in the club.
The Saudi royal family's total wealth is in excess of $1 trillion, according to some estimates.