Manchester United Refinance Debt to Cut Interest Costs by £10m a Year

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Manchester United Refinance Debt to Cut Interest Costs by £10m a Year
Richard Heathcote/Getty Images

Manchester United say they have refinanced more than £192m of high-interest debt, cutting the club's interest costs by around £10m a year. Fresh from winning a 20th league title, United said in a statement that they have secured a new loan from Bank of America with far lower interest rates.

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