Description of issue
I've noticed that from July 2022 onwards Manchester United have to make a total of £11m repayments towards the club's debt each month. In FM22 it was £2.8m a month. Has the debt situation really changed IRL that the new monthly payments are now almost 4x what it was? The issue I'm not sure about is not the total debt to be repaid but the timeframe in which the debt has to be paid back. If that really is how things are then fine but I'm just staggered that the total repayments have shot up from almost £3m a month to £11m. It seems the debts have to be paid off now between 12 and 14 years sooner than before. Is this a reflection of the situation the club/Glazers find themselves in with the interest rates/inflation affecting the world economies right now?
The £353m bank loan is to be paid off at £6.75m a month until 25/6/2027. I think the FM22 equivalent was £1.8m a month until 26/6/2041.
The £183m bank loan is to be paid off at £2.3m a month until 6/8/2029. I think the FM22 equivalent was £775k a month until 26/6/2041.
The £75m bank loan is to be paid off at £1.4m a month until 4/4/2027. I think the FM22 equivalent was £215k a month until 26/6/2041.
The £25m bank loan is to be paid off at £700k a month until 4/7/2025.
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