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Analysis: Brexit is on the horizon but top Premier League clubs have strengthened their ability to withstand financial shocks

brexit debt

Getty Images | Manchester United chief executive Ed Woodward speaks to co-chairman Avram Glazer. Manchester United used to be known as a club with some debt on the balance-sheet, but by 2018, United’s debt had fallen to £254 million, which equated to 43 per cent of total revenues.

Newly-elected Prime Minister Boris Johnson is now working towards a Brexit-deal that could rock the boat regardless of the deal that eventually emerges. In such a climate, debt-levels are always an issue, but the biggest clubs are looking solid.

Off The Pitch has been through the 2008-accounts from the big six clubs - when the global recession struck – and compared the financial strength to current debt-levels and profitability.

17 December 2019 - 6:33 PM

By Neil Fredrik Jensen

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